Crystal Clear Electronic Material Co.,Ltd.’s Net Profit Dropped 19.7% in 2022

Crystal Clear Electronic Material Co.,Ltd. (晶瑞电子材料股份有限公司) (300655.SZ) reported a net profit of 166.6 million yuan in 2022, down 19.7% year-on-year.

Meanwhile, the company posted 1.7 billion yuan in revenue, down 4.7% year-on-year.

At the end of the reporting period, it had 3.2 billion yuan in total assets and 1.2 billion yuan in total liabilities, with a liability-to-asset ratio of 36.9%.