Giantec Semiconductor Corporation’s Net Profit Dropped 61.6% in First Half of 2023

Giantec Semiconductor Corporation (聚辰半导体股份有限公司) (688123.SH) reported a net profit of 55.5 million yuan in the first half of 2023, down 61.6% year-on-year.

Meanwhile, the company posted 317 million yuan in revenue, down 28.3% year-on-year.

At the end of the reporting period, it had 2 billion yuan in total assets and 101.1 million yuan in total liabilities, with a liability-to-asset ratio of 5.1%.