Halo Microelectronics Co.,Ltd.’s Net Profit Dropped 38% in First Three Quarters of 2023

Halo Microelectronics Co.,Ltd. (希荻微电子集团股份有限公司) (688173.SH) reported a net profit of 16.1 million yuan in the first three quarters of 2023, down 38% year-on-year.

Meanwhile, the company posted 399.1 million yuan in revenue, down 14.9% year-on-year.

At the end of the reporting period, it had 2.1 billion yuan in total assets and 161.4 million yuan in total liabilities, with a liability-to-asset ratio of 7.8%.