Thinkon Semiconductor Jinzhou Corp. Posted 23.4 Million Yuan Net Loss in First Half of 2023

Thinkon Semiconductor Jinzhou Corp. (锦州神工半导体股份有限公司) (688233.SH) reported a net loss of 23.4 million yuan in the first half of 2023, reversing a net profit of 90.7 million yuan for the same period in the previous year.

Meanwhile, the company posted 78.8 million yuan in revenue, down 70% year-on-year.

At the end of the reporting period, it had 1.7 billion yuan in total assets and 137.5 million yuan in total liabilities, with a liability-to-asset ratio of 8%.