Everdisplay Optronics(Shanghai) Co.,Ltd. Posted 1 Billion Yuan Net Loss in First Three Quarters 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 1 billion yuan in the first three quarters of 2022, widening 43.7% year-on-year.

Meanwhile, the company posted 3.3 billion yuan in revenue, up 15.5% year-on-year.

At the end of the reporting period, it had 32.2 billion yuan in total assets and 15.8 billion yuan in total liabilities, with a liability-to-asset ratio of 49%.