Ingenic Semiconductor Co.,Ltd.’s Net Profit Dropped 57.8% in First Half of 2023

Ingenic Semiconductor Co.,Ltd. (北京君正集成电路股份有限公司) (300223.SZ) reported a net profit of 214.5 million yuan in the first half of 2023, down 57.8% year-on-year.

Meanwhile, the company posted 2.2 billion yuan in revenue, down 20.8% year-on-year.

At the end of the reporting period, it had 12.7 billion yuan in total assets and 1.1 billion yuan in total liabilities, with a liability-to-asset ratio of 8.5%.