Hunan Goke Microelectronics Co.,Ltd. Posted 45 Million Yuan Net Profit in First Quarter of 2023

Hunan Goke Microelectronics Co.,Ltd. (湖南国科微电子股份有限公司) (300672.SZ) reported a net profit of 45 million yuan in the first quarter of 2023, reversing a net loss of 22.6 million yuan for the same period in the previous year.

Meanwhile, the company posted 1.7 billion yuan in revenue, up 238.8% year-on-year.

At the end of the reporting period, it had 7.9 billion yuan in total assets and 3.8 billion yuan in total liabilities, with a liability-to-asset ratio of 48.7%.