Focused Photonics(Hangzhou) Inc. Posted 218.6 Million Yuan Net Loss in First Three Quarters of 2023

Focused Photonics(Hangzhou) Inc. (聚光科技(杭州)股份有限公司) (300203.SZ) reported a net loss of 218.6 million yuan in the first three quarters of 2023, widening 53.9% year-on-year.

Meanwhile, the company posted 2.1 billion yuan in revenue, down 5.6% year-on-year.

At the end of the reporting period, it had 9.9 billion yuan in total assets and 6.6 billion yuan in total liabilities, with a liability-to-asset ratio of 66.4%.