Shenzhen China Micro Semicon Co.,Ltd.’s Net Profit Rose 58.1% in First Quarter of 2023

Shenzhen China Micro Semicon Co.,Ltd. (中微半导体(深圳)股份有限公司) (688380.SH) reported a net profit of 43 million yuan in the first quarter of 2023, up 58.1% year-on-year.

Meanwhile, the company posted 131.6 million yuan in revenue, down 39% year-on-year.

At the end of the reporting period, it had 3.4 billion yuan in total assets and 153.7 million yuan in total liabilities, with a liability-to-asset ratio of 4.5%.