Hangzhou Silan Microelectronics Co.,Ltd.’s Net Profit Dropped 31% in 2022

Hangzhou Silan Microelectronics Co.,Ltd. (杭州士兰微电子股份有限公司) (600460.SH) reported a net profit of 1 billion yuan in 2022, down 31% year-on-year.

Meanwhile, the company posted 8.3 billion yuan in revenue, up 15.1% year-on-year.

At the end of the reporting period, it had 16.9 billion yuan in total assets and 8.9 billion yuan in total liabilities, with a liability-to-asset ratio of 52.3%.