Focuslight Technologies Inc.’s Net Profit Rose 127.4% in First Quarter of 2022

Focuslight Technologies Inc. (西安炬光科技股份有限公司) (688167.SH) reported a net profit of 19 million yuan in the first quarter of 2022, up 127.4% year-on-year.

Meanwhile, the company posted 110.5 million yuan in revenue, up 20.8% year-on-year.

At the end of the reporting period, it had 2.5 billion yuan in total assets and 195.6 million yuan in total liabilities, with a liability-to-asset ratio of 7.7%.