Focus Lightings Tech Co.,Ltd.’s Net Profit Dropped 77.7% in First Three Quarters of 2022

Focus Lightings Tech Co.,Ltd. (聚灿光电科技股份有限公司) (300708.SZ) reported a net profit of 29.8 million yuan in the first three quarters of 2022, down 77.7% year-on-year.

Meanwhile, the company posted 1.5 billion yuan in revenue, up 4.2% year-on-year.

At the end of the reporting period, it had 2.9 billion yuan in total assets and 1.2 billion yuan in total liabilities, with a liability-to-asset ratio of 41.8%.