Montage Technology Co.,Ltd.’s Net Profit Dropped 41.6% in First Three Quarters of 2021

Montage Technology Co.,Ltd. (澜起科技股份有限公司) (688008.SH) reported a net profit of 512.4 million yuan in the first three quarters of 2021, down 41.6% year-on-year.

Meanwhile, the company posted 1.6 billion yuan in revenue, up 8.5% year-on-year.

At the end of the reporting period, it had 9 billion yuan in total assets and 629.9 million yuan in total liabilities, with a liability-to-asset ratio of 7%.

This article was automatically produced by Caixin Automation on Nov. 3, 2021.

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