Shanghai Fudan Microelectronics Group Company Limited’s Net Profit Dropped 14.3% in First Half of 2023

Shanghai Fudan Microelectronics Group Company Limited (上海复旦微电子集团股份有限公司) (688385.SH) reported a net profit of 464 million yuan in the first half of 2023, down 14.3% year-on-year.

Meanwhile, the company posted 1.8 billion yuan in revenue, up 5.5% year-on-year.

At the end of the reporting period, it had 7.8 billion yuan in total assets and 2.3 billion yuan in total liabilities, with a liability-to-asset ratio of 29%.