Shanghai Sinyang Semiconductor Materials Co.,Ltd.’s Net Profit Dropped 76.9% in First Three Quarters 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 16.6 million yuan in the first three quarters of 2022, down 76.9% year-on-year.

Meanwhile, the company posted 877.3 million yuan in revenue, up 23.2% year-on-year.

At the end of the reporting period, it had 5.7 billion yuan in total assets and 1.5 billion yuan in total liabilities, with a liability-to-asset ratio of 26.2%.