Xiamen Changelight Co.,Ltd.’s Net Profit Dropped 88.1% in First Half of 2022

Xiamen Changelight Co.,Ltd. (厦门乾照光电股份有限公司) (300102.SZ) reported a net profit of 13.6 million yuan in the first half of 2022, down 88.1% year-on-year.

Meanwhile, the company posted 828.5 million yuan in revenue, down 14.9% year-on-year.

At the end of the reporting period, it had 7.4 billion yuan in total assets and 3.2 billion yuan in total liabilities, with a liability-to-asset ratio of 43.9%.