Sg Micro Corp.’s Net Profit Dropped 83.9% in First Half of 2023

Sg Micro Corp. (圣邦微电子(北京)股份有限公司) (300661.SZ) reported a net profit of 85.8 million yuan in the first half of 2023, down 83.9% year-on-year.

Meanwhile, the company posted 1.1 billion yuan in revenue, down 30.5% year-on-year.

At the end of the reporting period, it had 4.4 billion yuan in total assets and 865.4 million yuan in total liabilities, with a liability-to-asset ratio of 19.5%.