Focus Lightings Tech Co.,Ltd.’s Net Profit Rose 60.7% in First Quarter of 2022

Focus Lightings Tech Co.,Ltd. (聚灿光电科技股份有限公司) (300708.SZ) reported a net profit of 24.8 million yuan in the first quarter of 2022, up 60.7% year-on-year.

Meanwhile, the company posted 481.1 million yuan in revenue, up 7.1% year-on-year.

At the end of the reporting period, it had 3 billion yuan in total assets and 1.4 billion yuan in total liabilities, with a liability-to-asset ratio of 45.6%.