Crystal Clear Electronic Material Co.,Ltd.’s Net Profit Dropped 93.4% in First Half of 2023

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 5.6 million yuan in the first half of 2023, down 93.4% year-on-year.

Meanwhile, the company posted 628.1 million yuan in revenue, down 33.4% year-on-year.

At the end of the reporting period, it had 3.8 billion yuan in total assets and 1.3 billion yuan in total liabilities, with a liability-to-asset ratio of 34.7%.