Shenzhen Kiwi Instruments Co.,Ltd.’s Net Profit Dropped 87.8% in 2022

Shenzhen Kiwi Instruments Co.,Ltd. (深圳市必易微电子股份有限公司) (688045.SH) reported a net profit of 29 million yuan in 2022, down 87.8% year-on-year.

Meanwhile, the company posted 525.8 million yuan in revenue, down 40.7% year-on-year.

At the end of the reporting period, it had 1.5 billion yuan in total assets and 111.6 million yuan in total liabilities, with a liability-to-asset ratio of 7.6%.