Montage Technology Co.,Ltd.’s Net Profit Rose 94.9% in First Three Quarters of 2022

Montage Technology Co.,Ltd. (澜起科技股份有限公司) (688008.SH) reported a net profit of 1 billion yuan in the first three quarters of 2022, up 94.9% year-on-year.

Meanwhile, the company posted 2.9 billion yuan in revenue, up 80.9% year-on-year.

At the end of the reporting period, it had 10.3 billion yuan in total assets and 611.5 million yuan in total liabilities, with a liability-to-asset ratio of 6%.