Aurora Optoelectronics Co.,Ltd. Posted 13.2 Million Yuan Net Loss in First Quarter of 2023

Aurora Optoelectronics Co.,Ltd. (奥瑞德光电股份有限公司) (600666.SH) reported a net loss of 13.2 million yuan in the first quarter of 2023, narrowing 81.8% year-on-year.

Meanwhile, the company posted 44.7 million yuan in revenue, down 68% year-on-year.

At the end of the reporting period, it had 2.9 billion yuan in total assets and 1.1 billion yuan in total liabilities, with a liability-to-asset ratio of 39.4%.