Changsha Jingjia Microelectronics Co.,Ltd. Posted 70.7 Million Yuan Net Loss in First Quarter of 2023

Changsha Jingjia Microelectronics Co.,Ltd. (长沙景嘉微电子股份有限公司) (300474.SZ) reported a net loss of 70.7 million yuan in the first quarter of 2023, reversing a net profit of 77.3 million yuan for the same period in the previous year.

Meanwhile, the company posted 65.2 million yuan in revenue, down 82% year-on-year.

At the end of the reporting period, it had 3.9 billion yuan in total assets and 623.9 million yuan in total liabilities, with a liability-to-asset ratio of 16.1%.