China Advanced Micro-Fabrication Equipment Inc.’s Net Profit Rose 114.8% in First Half of 2023

China Advanced Micro-Fabrication Equipment Inc. (中微半导体设备(上海)股份有限公司) (688012.SH) reported a net profit of 1 billion yuan in the first half of 2023, up 114.8% year-on-year.

Meanwhile, the company posted 2.5 billion yuan in revenue, up 28.1% year-on-year.

At the end of the reporting period, it had 20.7 billion yuan in total assets and 3.9 billion yuan in total liabilities, with a liability-to-asset ratio of 18.8%.