Kingsemi Co.,Ltd.’s Net Profit Rose 103.5% in First Quarter of 2023

Kingsemi Co.,Ltd. (沈阳芯源微电子设备股份有限公司) (688037.SH) reported a net profit of 66 million yuan in the first quarter of 2023, up 103.5% year-on-year.

Meanwhile, the company posted 288.2 million yuan in revenue, up 56.9% year-on-year.

At the end of the reporting period, it had 3.6 billion yuan in total assets and 1.4 billion yuan in total liabilities, with a liability-to-asset ratio of 38.8%.