Hangzhou Silan Microelectronics Co.,Ltd. Posted 45.3 Million Yuan Net Loss in First Half of 2023

Hangzhou Silan Microelectronics Co.,Ltd. (杭州士兰微电子股份有限公司) (600460.SH) reported a net loss of 45.3 million yuan in the first half of 2023, reversing a net profit of 593.6 million yuan for the same period in the previous year.

Meanwhile, the company posted 4.5 billion yuan in revenue, up 6.9% year-on-year.

At the end of the reporting period, it had 17.8 billion yuan in total assets and 9.3 billion yuan in total liabilities, with a liability-to-asset ratio of 52.2%.