Montage Technology Co.,Ltd.’s Net Profit Rose 121.2% in First Half of 2022

Montage Technology Co.,Ltd. (澜起科技股份有限公司) (688008.SH) reported a net profit of 681 million yuan in the first half of 2022, up 121.2% year-on-year.

Meanwhile, the company posted 1.9 billion yuan in revenue, up 166% year-on-year.

At the end of the reporting period, it had 10.4 billion yuan in total assets and 1.3 billion yuan in total liabilities, with a liability-to-asset ratio of 12.6%.