Apr 11, 2023 08:00 AM

Bright Power Semiconductor Co.,Ltd. Posted 205.9 Million Yuan Net Loss in 2022

By Caixin Automation

Bright Power Semiconductor Co.,Ltd. (上海晶丰明源半导体股份有限公司) (688368.SH) reported a net loss of 205.9 million yuan in 2022, reversing a net profit of 710.8 million yuan for the previous year.

Meanwhile, the company posted 1.1 billion yuan in revenue, down 53.1% year-on-year.

At the end of the reporting period, it had 2.5 billion yuan in total assets and 1 billion yuan in total liabilities, with a liability-to-asset ratio of 39.3%.

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