Zhejiang East Crystal Electronic Co.,Ltd. Posted 17.5 Million Yuan Net Loss in First Half of 2022

Zhejiang East Crystal Electronic Co.,Ltd. (浙江东晶电子股份有限公司) (002199.SZ) reported a net loss of 17.5 million yuan in the first half of 2022, reversing a net profit of 21.4 million yuan for the same period in the previous year.

Meanwhile, the company posted 93.6 million yuan in revenue, down 40.2% year-on-year.

At the end of the reporting period, it had 622.7 million yuan in total assets and 203.8 million yuan in total liabilities, with a liability-to-asset ratio of 32.7%.