Guangzhou Zhiguang Electric Co.,Ltd. Posted 215.4 Million Yuan Net Loss in First Half of 2022

Guangzhou Zhiguang Electric Co.,Ltd. (广州智光电气股份有限公司) (002169.SZ) reported a net loss of 215.4 million yuan in the first half of 2022, reversing a net profit of 709.1 million yuan for the same period in the previous year.

Meanwhile, the company posted 902.6 million yuan in revenue, up 2.4% year-on-year.

At the end of the reporting period, it had 5.9 billion yuan in total assets and 2.7 billion yuan in total liabilities, with a liability-to-asset ratio of 46.5%.