Megain Sees Revenue Rise and Profits Fall in H1 2023


On August 30, MEGAIN Holding (Cayman) Co., Ltd., a Chinese designer of chips for third-party consumables, reported its financial results for the first half of 2023 ( January 1 to June 30, 2023). The firm’s performance was mixed: revenue exhibited double-digit year-over-year growth, but gross profit fell, and net profit was down sharply. In FY

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