Hangzhou Sdic Microelectronics Inc.’s Net Profit Dropped 91.5% in First Half of 2023

Hangzhou Sdic Microelectronics Inc. (杭州晶华微电子股份有限公司) (688130.SH) reported a net profit of 2.2 million yuan in the first half of 2023, down 91.5% year-on-year.

Meanwhile, the company posted 64.9 million yuan in revenue, down 5% year-on-year.

At the end of the reporting period, it had 1.3 billion yuan in total assets and 18 million yuan in total liabilities, with a liability-to-asset ratio of 1.4%.