Shenzhen Microgate Technology Co.,Ltd.’s Net Profit Rose 7.4% in First Half of 2023

Shenzhen Microgate Technology Co.,Ltd. (深圳市麦捷微电子科技股份有限公司) (300319.SZ) reported a net profit of 107.3 million yuan in the first half of 2023, up 7.4% year-on-year.

Meanwhile, the company posted 1.4 billion yuan in revenue, down 11.5% year-on-year.

At the end of the reporting period, it had 5.7 billion yuan in total assets and 1.5 billion yuan in total liabilities, with a liability-to-asset ratio of 27.2%.