Tianma Microelectronics Co.,Ltd. Posted 107.8 Million Yuan Net Profit in 2022

Tianma Microelectronics Co.,Ltd. (天马微电子股份有限公司) (000050.SZ) reported a net profit of 107.8 million yuan in 2022, reversing a net loss of 34.4 million yuan for the previous year.

Meanwhile, the company posted 31.4 billion yuan in revenue, down 6.9% year-on-year.

At the end of the reporting period, it had 81 billion yuan in total assets and 50.7 billion yuan in total liabilities, with a liability-to-asset ratio of 62.6%.