Bright Power Semiconductor Co.,Ltd. Posted 87.1 Million Yuan Net Loss in First Half of 2023

Bright Power Semiconductor Co.,Ltd. (上海晶丰明源半导体股份有限公司) (688368.SH) reported a net loss of 87.1 million yuan in the first half of 2023, widening 40.8% year-on-year.

Meanwhile, the company posted 615.3 million yuan in revenue, up 4% year-on-year.

At the end of the reporting period, it had 2.6 billion yuan in total assets and 1 billion yuan in total liabilities, with a liability-to-asset ratio of 39.1%.