Giantec Semiconductor Corporation’s Net Profit Rose 234% in 2022

Giantec Semiconductor Corporation (聚辰半导体股份有限公司) (688123.SH) reported a net profit of 346.3 million yuan in 2022, up 234% year-on-year.

Meanwhile, the company posted 1 billion yuan in revenue, up 80.2% year-on-year.

At the end of the reporting period, it had 2.1 billion yuan in total assets and 153.8 million yuan in total liabilities, with a liability-to-asset ratio of 7.5%.