Chipsea Technologies(Shenzhen) Corp.,Ltd.’s Net Profit Dropped 66.1% in First Half of 2022

Chipsea Technologies(Shenzhen) Corp.,Ltd. (芯海科技(深圳)股份有限公司) (688595.SH) reported a net profit of 16.1 million yuan in the first half of 2022, down 66.1% year-on-year.

Meanwhile, the company posted 337.8 million yuan in revenue, up 23% year-on-year.

At the end of the reporting period, it had 1.3 billion yuan in total assets and 264 million yuan in total liabilities, with a liability-to-asset ratio of 21.1%.