Hoshine Silicon Industry Co.,Ltd.’s Net Profit Dropped 9.6% in First Three Quarters of 2022

Hoshine Silicon Industry Co.,Ltd. (合盛硅业股份有限公司) (603260.SH) reported a net profit of 4.5 billion yuan in the first three quarters of 2022, down 9.6% year-on-year.

Meanwhile, the company posted 18.3 billion yuan in revenue, up 29.1% year-on-year.

At the end of the reporting period, it had 44.7 billion yuan in total assets and 21.4 billion yuan in total liabilities, with a liability-to-asset ratio of 48%.