Suzhou Oriental Semiconductor Company Limited’s Net Profit Rose 49% in First Quarter of 2023

Suzhou Oriental Semiconductor Company Limited (苏州东微半导体股份有限公司) (688261.SH) reported a net profit of 71.1 million yuan in the first quarter of 2023, up 49% year-on-year.

Meanwhile, the company posted 302.2 million yuan in revenue, up 46.9% year-on-year.

At the end of the reporting period, it had 3 billion yuan in total assets and 67.7 million yuan in total liabilities, with a liability-to-asset ratio of 2.3%.