Guangdong Faith Long Crystal Technology Co.,Ltd. Posted 26.3 Million Yuan Net Loss in First Three Quarters 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 26.3 million yuan in the first three quarters of 2023, reversing a net profit of 10.1 million yuan for the same period in the previous year.

Meanwhile, the company posted 313.1 million yuan in revenue, down 8.2% year-on-year.

At the end of the reporting period, it had 1.9 billion yuan in total assets and 874.5 million yuan in total liabilities, with a liability-to-asset ratio of 46.1%.