Jiangsu Jiejie Microelectronics Co.,Ltd.’s Net Profit Dropped 75.7% in First Quarter of 2023

Jiangsu Jiejie Microelectronics Co.,Ltd. (江苏捷捷微电子股份有限公司) (300623.SZ) reported a net profit of 24.2 million yuan in the first quarter of 2023, down 75.7% year-on-year.

Meanwhile, the company posted 403.4 million yuan in revenue, up 7.8% year-on-year.

At the end of the reporting period, it had 7.8 billion yuan in total assets and 3.5 billion yuan in total liabilities, with a liability-to-asset ratio of 45.4%.