May 06, 2023 08:00 AM

Sichuan Tianwei Electronic Co.,Ltd.’s Net Profit Dropped 25.6% in First Quarter of 2023

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Sichuan Tianwei Electronic Co.,Ltd. (四川天微电子股份有限公司) (688511.SH) reported a net profit of 17.4 million yuan in the first quarter of 2023, down 25.6% year-on-year.

Meanwhile, the company posted 44.1 million yuan in revenue, down 11.4% year-on-year.

At the end of the reporting period, it had 880.1 million yuan in total assets and 70.7 million yuan in total liabilities, with a liability-to-asset ratio of 8%.

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