Everdisplay Optronics(Shanghai) Co.,Ltd. Posted 473.9 Million Yuan Net Loss in First Half of 2022

Everdisplay Optronics(Shanghai) Co.,Ltd. (上海和辉光电股份有限公司) (688538.SH) reported a net loss of 473.9 million yuan in the first half of 2022, narrowing 3% year-on-year.

Meanwhile, the company posted 1.8 billion yuan in revenue, down 4.6% year-on-year.

At the end of the reporting period, it had 32.8 billion yuan in total assets and 15.9 billion yuan in total liabilities, with a liability-to-asset ratio of 48.4%.