Analysis of Jiejie Microelectric's third quarter 2023 financial report

Jiejie Microelectric's third quarter financial report for 2023 showed that its operating income was 525 million yuan, a year-on-year increase of 17.98%; its net profit attributable to the parent company was 46.469 million yuan, a year-on-year decrease of 42.81%. The total revenue in the first three quarters was 1.426 billion yuan, a year-on-year increase of 11.02%; its net profit attributable to the parent company was 143 million yuan, a year-on-year decrease of 51.44%. Affected by the decline in demand in the semiconductor market, the company's operating costs increased, resulting in a decline in performance.