Jiangsu Sopo Chemical Co.,Ltd. Posted 149.2 Million Yuan Net Loss in First Three Quarters of 2023

Jiangsu Sopo Chemical Co.,Ltd. (江苏索普化工股份有限公司) (600746.SH) reported a net loss of 149.2 million yuan in the first three quarters of 2023, reversing a net profit of 709.6 million yuan for the same period in the previous year.

Meanwhile, the company posted 3.9 billion yuan in revenue, down 35% year-on-year.

At the end of the reporting period, it had 6.3 billion yuan in total assets and 1.2 billion yuan in total liabilities, with a liability-to-asset ratio of 18.7%.