Hunan Goke Microelectronics Co.,Ltd. Posted 22.6 Million Yuan Net Loss in First Quarter of 2022

Hunan Goke Microelectronics Co.,Ltd. (湖南国科微电子股份有限公司) (300672.SZ) reported a net loss of 22.6 million yuan in the first quarter of 2022, reversing a net profit of 350,309 yuan for the same period in the previous year.

Meanwhile, the company posted 508.6 million yuan in revenue, up 23.6% year-on-year.

At the end of the reporting period, it had 4 billion yuan in total assets and 2.5 billion yuan in total liabilities, with a liability-to-asset ratio of 62.7%.