Xiamen Changelight Co.,Ltd. Posted 51.3 Million Yuan Net Loss in 2022

Xiamen Changelight Co.,Ltd. (厦门乾照光电股份有限公司) (300102.SZ) reported a net loss of 51.3 million yuan in 2022, reversing a net profit of 185.9 million yuan for the previous year.

Meanwhile, the company posted 1.7 billion yuan in revenue, down 9.7% year-on-year.

At the end of the reporting period, it had 7 billion yuan in total assets and 2.9 billion yuan in total liabilities, with a liability-to-asset ratio of 41.8%.