Tongfu Microelectronics Co.,Ltd. Posted 204 Million Yuan Net Loss in First Half of 2023

Tongfu Microelectronics Co.,Ltd. (通富微电子股份有限公司) (002156.SZ) reported a net loss of 204 million yuan in the first half of 2023, reversing a net profit of 368.5 million yuan for the same period in the previous year.

Meanwhile, the company posted 9.9 billion yuan in revenue, up 3.6% year-on-year.

At the end of the reporting period, it had 34.1 billion yuan in total assets and 19.8 billion yuan in total liabilities, with a liability-to-asset ratio of 58.2%.