Cnlight Co.,Ltd. Posted 21.7 Million Yuan Net Loss in First Quarter of 2022

Cnlight Co.,Ltd. (广东雪莱特光电科技股份有限公司) (002076.SZ) reported a net loss of 21.7 million yuan in the first quarter of 2022, widening 42.1% year-on-year.

Meanwhile, the company posted 33.6 million yuan in revenue, down 25.6% year-on-year.

At the end of the reporting period, it had 552.1 million yuan in total assets and 778.7 million yuan in total liabilities, with a liability-to-asset ratio of 141.1%.