Apr 28, 2023 08:00 AM

Everdisplay Optronics(Shanghai) Co.,Ltd. Posted 1.6 Billion Yuan Net Loss in 2022

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Everdisplay Optronics(Shanghai) Co.,Ltd. (上海和辉光电股份有限公司) (688538.SH) reported a net loss of 1.6 billion yuan in 2022, widening 69.5% year-on-year.

Meanwhile, the company posted 4.2 billion yuan in revenue, up 4.2% year-on-year.

At the end of the reporting period, it had 30.9 billion yuan in total assets and 15.1 billion yuan in total liabilities, with a liability-to-asset ratio of 48.8%.

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