Suzhou Everbright Photonics Co.,Ltd. Posted 22.4 Million Yuan Net Loss in First Three Quarters of 2023

Suzhou Everbright Photonics Co.,Ltd. (苏州长光华芯光电技术股份有限公司) (688048.SH) reported a net loss of 22.4 million yuan in the first three quarters of 2023, reversing a net profit of 94.9 million yuan for the same period in the previous year.

Meanwhile, the company posted 219.3 million yuan in revenue, down 30.9% year-on-year.

At the end of the reporting period, it had 3.4 billion yuan in total assets and 271.1 million yuan in total liabilities, with a liability-to-asset ratio of 7.9%.