Jiangxi Black Cat Carbon Black Co.,Ltd. Posted 281.2 Million Yuan Net Loss in First Three Quarters of 2023

Jiangxi Black Cat Carbon Black Co.,Ltd. (江西黑猫炭黑股份有限公司) (002068.SZ) reported a net loss of 281.2 million yuan in the first three quarters of 2023, reversing a net profit of 39.3 million yuan for the same period in the previous year.

Meanwhile, the company posted 6.8 billion yuan in revenue, down 7% year-on-year.

At the end of the reporting period, it had 7.9 billion yuan in total assets and 4.8 billion yuan in total liabilities, with a liability-to-asset ratio of 60%.