Aurora Optoelectronics Co.,Ltd. Posted 72.2 Million Yuan Net Loss in First Quarter of 2022

Aurora Optoelectronics Co.,Ltd. (奥瑞德光电股份有限公司) (600666.SH) reported a net loss of 72.2 million yuan in the first quarter of 2022, widening 46.9% year-on-year.

Meanwhile, the company posted 139.8 million yuan in revenue, up 0.7% year-on-year.

At the end of the reporting period, it had 2.6 billion yuan in total assets and 3 billion yuan in total liabilities, with a liability-to-asset ratio of 113.9%.