Xiamen Changelight Co.,Ltd. Posted 102.1 Million Yuan Net Loss in First Quarter of 2023

Xiamen Changelight Co.,Ltd. (厦门乾照光电股份有限公司) (300102.SZ) reported a net loss of 102.1 million yuan in the first quarter of 2023, widening 1275.3% year-on-year.

Meanwhile, the company posted 459.2 million yuan in revenue, up 13.8% year-on-year.

At the end of the reporting period, it had 6.5 billion yuan in total assets and 2.5 billion yuan in total liabilities, with a liability-to-asset ratio of 38.3%.