China Resources Microelectronics Limited’s Net Profit Dropped 49.1% in First Three Quarters of 2023

China Resources Microelectronics Limited (华润微电子有限公司) (688396.SH) reported a net profit of 1 billion yuan in the first three quarters of 2023, down 49.1% year-on-year.

Meanwhile, the company posted 7.5 billion yuan in revenue, down 1.3% year-on-year.

At the end of the reporting period, it had 29.9 billion yuan in total assets and 6.7 billion yuan in total liabilities, with a liability-to-asset ratio of 22.4%.