Shenzhen Refond Optoelectronics Co.,Ltd. Posted 15.7 Million Yuan Net Loss in First Quarter of 2023

Shenzhen Refond Optoelectronics Co.,Ltd. (深圳市瑞丰光电子股份有限公司) (300241.SZ) reported a net loss of 15.7 million yuan in the first quarter of 2023, widening 309.1% year-on-year.

Meanwhile, the company posted 305.5 million yuan in revenue, down 1.3% year-on-year.

At the end of the reporting period, it had 3.6 billion yuan in total assets and 1.4 billion yuan in total liabilities, with a liability-to-asset ratio of 40.4%.