Shanghai Luoman Lighting Technologies Inc. Posted 17.4 Million Yuan Net Loss in 2022

Shanghai Luoman Lighting Technologies Inc. (上海罗曼照明科技股份有限公司) (605289.SH) reported a net loss of 17.4 million yuan in 2022, reversing a net profit of 117.7 million yuan for the previous year.

Meanwhile, the company posted 312.3 million yuan in revenue, down 57.6% year-on-year.

At the end of the reporting period, it had 1.9 billion yuan in total assets and 643.8 million yuan in total liabilities, with a liability-to-asset ratio of 34.2%.