Shanghai Sinyang Semiconductor Materials Co.,Ltd. Posted 13.4 Million Yuan Net Loss in First Quarter of 2022

Shanghai Sinyang Semiconductor Materials Co.,Ltd. (上海新阳半导体材料股份有限公司) (300236.SZ) reported a net loss of 13.4 million yuan in the first quarter of 2022, widening 6859.6% year-on-year.

Meanwhile, the company posted 245.5 million yuan in revenue, up 19% year-on-year.

At the end of the reporting period, it had 6.3 billion yuan in total assets and 1.6 billion yuan in total liabilities, with a liability-to-asset ratio of 26.1%.