Xi'An Bright Laser Technologies Co.,Ltd. Posted 32.4 Million Yuan Net Loss in First Quarter of 2022

Xi'An Bright Laser Technologies Co.,Ltd. (西安铂力特增材技术股份有限公司) (688333.SH) reported a net loss of 32.4 million yuan in the first quarter of 2022, narrowing 35.1% year-on-year.

Meanwhile, the company posted 89.8 million yuan in revenue, up 97.3% year-on-year.

At the end of the reporting period, it had 2.2 billion yuan in total assets and 936.8 million yuan in total liabilities, with a liability-to-asset ratio of 41.9%.