Shenzhen Refond Optoelectronics Co.,Ltd. Posted 3.8 Million Yuan Net Loss in First Quarter of 2022

Shenzhen Refond Optoelectronics Co.,Ltd. (深圳市瑞丰光电子股份有限公司) (300241.SZ) reported a net loss of 3.8 million yuan in the first quarter of 2022, reversing a net profit of 15.2 million yuan for the same period in the previous year.

Meanwhile, the company posted 309.4 million yuan in revenue, up 0.4% year-on-year.

At the end of the reporting period, it had 3.4 billion yuan in total assets and 1.2 billion yuan in total liabilities, with a liability-to-asset ratio of 36.3%.