Hc Semitek Corporation Posted 568.4 Million Yuan Net Loss in First Three Quarters of 2023

Hc Semitek Corporation (华灿光电股份有限公司) (300323.SZ) reported a net loss of 568.4 million yuan in the first three quarters of 2023, widening 1281.1% year-on-year.

Meanwhile, the company posted 2 billion yuan in revenue, up 12.4% year-on-year.

At the end of the reporting period, it had 12 billion yuan in total assets and 4.2 billion yuan in total liabilities, with a liability-to-asset ratio of 35%.