Infotmic Co.,Ltd. Posted 19.3 Million Yuan Net Loss in First Half of 2023

Infotmic Co.,Ltd. (盈方微电子股份有限公司) (000670.SZ) reported a net loss of 19.3 million yuan in the first half of 2023, reversing a net profit of 26.6 million yuan for the same period in the previous year.

Meanwhile, the company posted 1.4 billion yuan in revenue, up 12.9% year-on-year.

At the end of the reporting period, it had 1.8 billion yuan in total assets and 1.4 billion yuan in total liabilities, with a liability-to-asset ratio of 80.2%.