Everdisplay Optronics(Shanghai) Co.,Ltd. Posted 2.4 Billion Yuan Net Loss in First Three Quarters of 2023

Everdisplay Optronics(Shanghai) Co.,Ltd. (上海和辉光电股份有限公司) (688538.SH) reported a net loss of 2.4 billion yuan in the first three quarters of 2023, widening 144% year-on-year.

Meanwhile, the company posted 2 billion yuan in revenue, down 38.5% year-on-year.

At the end of the reporting period, it had 29.1 billion yuan in total assets and 15.7 billion yuan in total liabilities, with a liability-to-asset ratio of 53.9%.