Yaguang Technology Group Company Limited Posted 96.6 Million Yuan Net Loss in First Half of 2022

Yaguang Technology Group Company Limited (亚光科技集团股份有限公司) (300123.SZ) reported a net loss of 96.6 million yuan in the first half of 2022, reversing a net profit of 57.2 million yuan for the same period in the previous year.

Meanwhile, the company posted 626.2 million yuan in revenue, down 12.9% year-on-year.

At the end of the reporting period, it had 7.7 billion yuan in total assets and 3.7 billion yuan in total liabilities, with a liability-to-asset ratio of 47.6%.