Caixin
Nov 10, 2023 12:22 PM

Zbit Semiconductor,Inc. Posted 96.1 Million Yuan Net Loss in First Three Quarters of 2023

00:00
00:00/00:00
Listen to this article 1x

Zbit Semiconductor,Inc. (恒烁半导体(合肥)股份有限公司) (688416.SH) reported a net loss of 96.1 million yuan in the first three quarters of 2023, reversing a net profit of 46.6 million yuan for the same period in the previous year.

Meanwhile, the company posted 218 million yuan in revenue, down 37.7% year-on-year.

At the end of the reporting period, it had 1.7 billion yuan in total assets and 118.1 million yuan in total liabilities, with a liability-to-asset ratio of 6.8%.

This article was automatically produced by Caixin Automation on Nov. 10, 2023.

Download our app to receive breaking news alerts and read the news on the go.

Follow the Chinese markets in real time with Caixin Global’s new stock database.

Share this article
Open WeChat and scan the QR code
NEWSLETTERS
Get our CX Daily, weekly Must-Read and China Green Bulletin newsletters delivered free to your inbox, bringing you China's top headlines.

We ‘ve added you to our subscriber list.

Manage subscription
PODCAST
Caixin Deep Dive: Former Securities Regulator Yi Huiman’s Corruption Probe
00:00
00:00/00:00