Apr 28, 2023 08:00 AM

Focused Photonics(Hangzhou) Inc. Posted 443 Million Yuan Net Loss in 2022

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Focused Photonics(Hangzhou) Inc. (聚光科技(杭州)股份有限公司) (300203.SZ) reported a net loss of 443 million yuan in 2022, widening 99.2% year-on-year.

Meanwhile, the company posted 3.5 billion yuan in revenue, down 8% year-on-year.

At the end of the reporting period, it had 10.3 billion yuan in total assets and 6.7 billion yuan in total liabilities, with a liability-to-asset ratio of 65.5%.

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