China Wafer Level Csp Co.,Ltd.’s Net Profit Dropped 67.4% in First Quarter of 2023

China Wafer Level Csp Co.,Ltd. (苏州晶方半导体科技股份有限公司) (603005.SH) reported a net profit of 30.5 million yuan in the first quarter of 2023, down 67.4% year-on-year.

Meanwhile, the company posted 223.2 million yuan in revenue, down 26.8% year-on-year.

At the end of the reporting period, it had 4.8 billion yuan in total assets and 702.3 million yuan in total liabilities, with a liability-to-asset ratio of 14.8%.