Oct 30, 2021 08:00 AM

Focused Photonics(Hangzhou) Inc. Posted 62.1 Million Yuan Net Loss in First Three Quarters 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 62.1 million yuan in the first three quarters of 2021, reversing a net profit of 79 million yuan for the same period in the previous year.

Meanwhile, the company posted 2.1 billion yuan in revenue, down 11.4% year-on-year.

At the end of the reporting period, it had 9.9 billion yuan in total assets and 5.9 billion yuan in total liabilities, with a liability-to-asset ratio of 59%.

This article was automatically produced by Caixin Automation on Nov. 3, 2021.

Download our app to receive breaking news alerts and read the news on the go.

Follow the Chinese markets in real time with Caixin Global’s new stock database.

Share this article
Open WeChat and scan the QR code
Get our CX Daily, weekly Must-Read and China Green Bulletin newsletters delivered free to your inbox, bringing you China's top headlines.

We ‘ve added you to our subscriber list.

Manage subscription
Caixin Biz Roundup: China Bumps Up Support for Property Sector