China-based Hyperions, a developer of HTL, HIL, ETL and EIL OLED materials, has filed for an IPO. The company is now going through financial inspection towards the IPO which will should happen before the end of 2023.
According to the comapny's IPO prospectus, Hyperions has been profitable since 2020. The company's income was around $43 million USD in 2022, up from $30 million in 2021 and $27 million in 2020. The company's net profit was $12 million in 2022, up from $6.6 million in 2021 and $7.3 million in 2020.
Posted: Apr 20,2023 by Ron Mertens
