Focus Lightings Tech Co.,Ltd. Posted 63.4 Million Yuan Net Loss in 2022

Focus Lightings Tech Co.,Ltd. (聚灿光电科技股份有限公司) (300708.SZ) reported a net loss of 63.4 million yuan in 2022, reversing a net profit of 177.1 million yuan for the previous year.

Meanwhile, the company posted 2 billion yuan in revenue, up 1% year-on-year.

At the end of the reporting period, it had 3.6 billion yuan in total assets and 2 billion yuan in total liabilities, with a liability-to-asset ratio of 55.7%.