Shanghai Fullhan Microelectronics Co.,Ltd.’s Net Profit Dropped 43% in First Three Quarters of 2023

Shanghai Fullhan Microelectronics Co.,Ltd. (上海富瀚微电子股份有限公司) (300613.SZ) reported a net profit of 178.4 million yuan in the first three quarters of 2023, down 43% year-on-year.

Meanwhile, the company posted 1.3 billion yuan in revenue, down 21.6% year-on-year.

At the end of the reporting period, it had 3.6 billion yuan in total assets and 880 million yuan in total liabilities, with a liability-to-asset ratio of 24.7%.