Xiamen Changelight Co.,Ltd. Posted 107.8 Million Yuan Net Loss in First Half of 2023

Xiamen Changelight Co.,Ltd. (厦门乾照光电股份有限公司) (300102.SZ) reported a net loss of 107.8 million yuan in the first half of 2023, reversing a net profit of 13.6 million yuan for the same period in the previous year.

Meanwhile, the company posted 1.2 billion yuan in revenue, up 39.6% year-on-year.

At the end of the reporting period, it had 6.4 billion yuan in total assets and 2.4 billion yuan in total liabilities, with a liability-to-asset ratio of 37.2%.