Grinm Semiconductor Materials Co.,Ltd.’s Net Profit Dropped 17.8% in First Half of 2023

Grinm Semiconductor Materials Co.,Ltd. (有研半导体硅材料股份公司) (688432.SH) reported a net profit of 183.4 million yuan in the first half of 2023, down 17.8% year-on-year.

Meanwhile, the company posted 530.6 million yuan in revenue, down 13.8% year-on-year.

At the end of the reporting period, it had 5 billion yuan in total assets and 472.2 million yuan in total liabilities, with a liability-to-asset ratio of 9.4%.