Wuxi Etek Microelectronics Co.,Ltd.’s Net Profit Dropped 21.6% in First Three Quarters of 2023

Wuxi Etek Microelectronics Co.,Ltd. (无锡力芯微电子股份有限公司) (688601.SH) reported a net profit of 123.4 million yuan in the first three quarters of 2023, down 21.6% year-on-year.

Meanwhile, the company posted 635.2 million yuan in revenue, up 3.3% year-on-year.

At the end of the reporting period, it had 1.4 billion yuan in total assets and 131 million yuan in total liabilities, with a liability-to-asset ratio of 9.4%.