Memsensing Microsystems(Suzhou,China) Co.,Ltd. Posted 53.9 Million Yuan Net Loss in First Half of 2023

Memsensing Microsystems(Suzhou,China) Co.,Ltd. (苏州敏芯微电子技术股份有限公司) (688286.SH) reported a net loss of 53.9 million yuan in the first half of 2023, widening 707.8% year-on-year.

Meanwhile, the company posted 155.7 million yuan in revenue, up 9.1% year-on-year.

At the end of the reporting period, it had 1.1 billion yuan in total assets and 128.9 million yuan in total liabilities, with a liability-to-asset ratio of 11.6%.