Amlogic(Shanghai) Co.,Ltd.’s Net Profit Dropped 88.7% in First Quarter of 2023

Amlogic(Shanghai) Co.,Ltd. (晶晨半导体(上海)股份有限公司) (688099.SH) reported a net profit of 30.4 million yuan in the first quarter of 2023, down 88.7% year-on-year.

Meanwhile, the company posted 1 billion yuan in revenue, down 30.1% year-on-year.

At the end of the reporting period, it had 5.7 billion yuan in total assets and 728.1 million yuan in total liabilities, with a liability-to-asset ratio of 12.7%.