Hc Semitek Corporation Posted 363.8 Million Yuan Net Loss in First Half of 2023

Hc Semitek Corporation (华灿光电股份有限公司) (300323.SZ) reported a net loss of 363.8 million yuan in the first half of 2023, reversing a net profit of 11.4 million yuan for the same period in the previous year.

Meanwhile, the company posted 1.1 billion yuan in revenue, down 11.5% year-on-year.

At the end of the reporting period, it had 10.5 billion yuan in total assets and 4.6 billion yuan in total liabilities, with a liability-to-asset ratio of 43.4%.