Shanghai Fudan Microelectronics Group Company Limited’s Net Profit Dropped 25.1% in First Three Quarters of 2023

Shanghai Fudan Microelectronics Group Company Limited (上海复旦微电子集团股份有限公司) (688385.SH) reported a net profit of 663.9 million yuan in the first three quarters of 2023, down 25.1% year-on-year.

Meanwhile, the company posted 2.7 billion yuan in revenue, up 1.2% year-on-year.

At the end of the reporting period, it had 8.1 billion yuan in total assets and 2.3 billion yuan in total liabilities, with a liability-to-asset ratio of 28.7%.