Shenzhen Australis Electronic Technology Co.,Ltd. Posted 45.5 Million Yuan Net Loss in 2022

Shenzhen Australis Electronic Technology Co.,Ltd. (深圳市南极光电子科技股份有限公司) (300940.SZ) reported a net loss of 45.5 million yuan in 2022, reversing a net profit of 42 million yuan for the previous year.

Meanwhile, the company posted 642.3 million yuan in revenue, down 31.9% year-on-year.

At the end of the reporting period, it had 1.3 billion yuan in total assets and 477.1 million yuan in total liabilities, with a liability-to-asset ratio of 36.9%.