Changzhou Galaxy Century Microelectronics Co.,Ltd.’s Net Profit Dropped 22.7% in First Three Quarters of 2023

Changzhou Galaxy Century Microelectronics Co.,Ltd. (常州银河世纪微电子股份有限公司) (688689.SH) reported a net profit of 49.6 million yuan in the first three quarters of 2023, down 22.7% year-on-year.

Meanwhile, the company posted 523.5 million yuan in revenue, up 0.3% year-on-year.

At the end of the reporting period, it had 2 billion yuan in total assets and 658.9 million yuan in total liabilities, with a liability-to-asset ratio of 33.5%.