Focused Photonics(Hangzhou) Inc. Posted 142 Million Yuan Net Loss in First Three Quarters 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 142 million yuan in the first three quarters of 2022, widening 128.7% year-on-year.

Meanwhile, the company posted 2.2 billion yuan in revenue, up 4.2% year-on-year.

At the end of the reporting period, it had 10.8 billion yuan in total assets and 6.9 billion yuan in total liabilities, with a liability-to-asset ratio of 64.3%.