Shanghai Prosolar Resources Development Co.,Ltd. Posted 7.6 Million Yuan Net Loss in First Three Quarters of 2023

Shanghai Prosolar Resources Development Co.,Ltd. (上海创兴资源开发股份有限公司) (600193.SH) reported a net loss of 7.6 million yuan in the first three quarters of 2023, reversing a net profit of 7.6 million yuan for the same period in the previous year.

Meanwhile, the company posted 140.3 million yuan in revenue, down 27.5% year-on-year.

At the end of the reporting period, it had 716.6 million yuan in total assets and 406.3 million yuan in total liabilities, with a liability-to-asset ratio of 56.7%.