Aug 31, 2021 08:00 AM

Focused Photonics(Hangzhou) Inc. Posted 17.3 Million Yuan Net Loss in First Half of 2021

Focused Photonics(Hangzhou) Inc. (聚光科技(杭州)股份有限公司) (300203.SZ) reported a net loss of 17.3 million yuan in the first half of 2021, reversing a net profit of 39.5 million yuan for the same period in the previous year.

Meanwhile, the company posted 1.4 billion yuan in revenue, down 3.9% year-on-year.

At the end of the reporting period, it had 9.8 billion yuan in total assets and 5.7 billion yuan in total liabilities, with a liability-to-asset ratio of 57.8%.

This article was automatically produced by Caixin Automation on Sept. 1, 2021.

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