Shanghai Sinyang Semiconductor Materials Co.,Ltd.’s Net Profit Dropped 89.3% in First Half 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 profit of 10.9 million yuan in the first half of 2022, down 89.3% year-on-year.

Meanwhile, the company posted 549.5 million yuan in revenue, up 25.6% year-on-year.

At the end of the reporting period, it had 6.4 billion yuan in total assets and 1.7 billion yuan in total liabilities, with a liability-to-asset ratio of 25.9%.