Shanghai Smi Holding Co.,Ltd.’s Net Profit Rose 20.6% in 2020

Shanghai Smi Holding Co.,Ltd. (600649.SH) reported a net profit of 769.4 million yuan in 2020, up 20.6% year-on-year.

Meanwhile, the company posted 6.6 billion yuan in revenue, up 80.2% year-on-year.

At the end of the reporting period, it had 61.5 billion yuan in total assets and 40.2 billion yuan in total liabilities, with a liability-to-asset ratio of 65.3%.

This article was automatically produced by Caixin Automation on April 22, 2021.

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