Montage Technology Co.,Ltd.’s Net Profit Rose 128.2% in First Quarter of 2022

Montage Technology Co.,Ltd. (澜起科技股份有限公司) (688008.SH) reported a net profit of 306.1 million yuan in the first quarter of 2022, up 128.2% year-on-year.

Meanwhile, the company posted 900.4 million yuan in revenue, up 200.6% year-on-year.

At the end of the reporting period, it had 9.4 billion yuan in total assets and 624.8 million yuan in total liabilities, with a liability-to-asset ratio of 6.7%.