Guangdong Faith Long Crystal Technology Co.,Ltd. Posted 33.4 Million Yuan Net Loss in First Half of 2023

Guangdong Faith Long Crystal Technology Co.,Ltd. (广东惠伦晶体科技股份有限公司) (300460.SZ) reported a net loss of 33.4 million yuan in the first half of 2023, reversing a net profit of 6.2 million yuan for the same period in the previous year.

Meanwhile, the company posted 181.1 million yuan in revenue, down 24.3% year-on-year.

At the end of the reporting period, it had 1.9 billion yuan in total assets and 912.5 million yuan in total liabilities, with a liability-to-asset ratio of 47.3%.