Shenzhen China Micro Semicon Co.,Ltd.’s Net Profit Dropped 85.4% in First Three Quarters of 2022

Shenzhen China Micro Semicon Co.,Ltd. (中微半导体(深圳)股份有限公司) (688380.SH) reported a net profit of 70.3 million yuan in the first three quarters of 2022, down 85.4% year-on-year.

Meanwhile, the company posted 508.1 million yuan in revenue, down 46.5% year-on-year.

At the end of the reporting period, it had 3.4 billion yuan in total assets and 160.5 million yuan in total liabilities, with a liability-to-asset ratio of 4.8%.