Shenzhen Refond Optoelectronics Co.,Ltd. Posted 10.5 Million Yuan Net Loss in First Half 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 10.5 million yuan in the first half of 2023, reversing a net profit of 16.4 million yuan for the same period in the previous year.

Meanwhile, the company posted 679.1 million yuan in revenue, up 4.6% year-on-year.

At the end of the reporting period, it had 3.7 billion yuan in total assets and 1.6 billion yuan in total liabilities, with a liability-to-asset ratio of 43%.