Jilin Sino-Microelectronics Co.,Ltd.’s Net Profit Dropped 79.1% in First Quarter of 2023

Jilin Sino-Microelectronics Co.,Ltd. (吉林华微电子股份有限公司) (600360.SH) reported a net profit of 5.4 million yuan in the first quarter of 2023, down 79.1% year-on-year.

Meanwhile, the company posted 413.2 million yuan in revenue, down 25.8% year-on-year.

At the end of the reporting period, it had 7.1 billion yuan in total assets and 3.8 billion yuan in total liabilities, with a liability-to-asset ratio of 54%.