Guangdong Faith Long Crystal Technology Co.,Ltd. Posted 134.9 Million Yuan Net Loss in 2022

Guangdong Faith Long Crystal Technology Co.,Ltd. (广东惠伦晶体科技股份有限公司) (300460.SZ) reported a net loss of 134.9 million yuan in 2022, reversing a net profit of 116.8 million yuan for the previous year.

Meanwhile, the company posted 394.9 million yuan in revenue, down 39.7% year-on-year.

At the end of the reporting period, it had 1.9 billion yuan in total assets and 884.2 million yuan in total liabilities, with a liability-to-asset ratio of 45.7%.