Shenzhen Refond Optoelectronics Co.,Ltd. Posted 16.5 Million Yuan Net Loss in First Three Quarters 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 16.5 million yuan in the first three quarters of 2023, reversing a net profit of 27.2 million yuan for the same period in the previous year.

Meanwhile, the company posted 1 billion yuan in revenue, up 1.4% year-on-year.

At the end of the reporting period, it had 3.5 billion yuan in total assets and 1.4 billion yuan in total liabilities, with a liability-to-asset ratio of 40.2%.