Info Vision Optoelectronics(Kunshan) Co.,Ltd. Posted 235.3 Million Yuan Net Loss in First Three Quarters of 2023

Info Vision Optoelectronics(Kunshan) Co.,Ltd. (昆山龙腾光电股份有限公司) (688055.SH) reported a net loss of 235.3 million yuan in the first three quarters of 2023, reversing a net profit of 261.2 million yuan for the same period in the previous year.

Meanwhile, the company posted 2.8 billion yuan in revenue, down 17.1% year-on-year.

At the end of the reporting period, it had 7.5 billion yuan in total assets and 3 billion yuan in total liabilities, with a liability-to-asset ratio of 39.7%.