Focused Photonics(Hangzhou) Inc. Posted 110.7 Million Yuan Net Loss in First Half of 2022

Focused Photonics(Hangzhou) Inc. (聚光科技(杭州)股份有限公司) (300203.SZ) reported a net loss of 110.7 million yuan in the first half of 2022, widening 540.4% year-on-year.

Meanwhile, the company posted 1.4 billion yuan in revenue, down 1.3% year-on-year.

At the end of the reporting period, it had 10.4 billion yuan in total assets and 6.6 billion yuan in total liabilities, with a liability-to-asset ratio of 63.5%.