Allwinner Technology Co.,Ltd. Posted 17 Million Yuan Net Loss in First Half of 2023

Allwinner Technology Co.,Ltd. (珠海全志科技股份有限公司) (300458.SZ) reported a net loss of 17 million yuan in the first half of 2023, reversing a net profit of 202.9 million yuan for the same period in the previous year.

Meanwhile, the company posted 675.6 million yuan in revenue, down 18.8% year-on-year.

At the end of the reporting period, it had 3.3 billion yuan in total assets and 398.2 million yuan in total liabilities, with a liability-to-asset ratio of 12.1%.