Chipsea Technologies(Shenzhen) Corp.,Ltd.’s Net Profit Dropped 96.1% in First Three Quarters 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 3.3 million yuan in the first three quarters of 2022, down 96.1% year-on-year.

Meanwhile, the company posted 485.7 million yuan in revenue, up 5% year-on-year.

At the end of the reporting period, it had 1.7 billion yuan in total assets and 578.3 million yuan in total liabilities, with a liability-to-asset ratio of 33.9%.