Hoshine Silicon Industry Co.,Ltd.’s Net Profit Dropped 50.1% in First Half of 2023

Hoshine Silicon Industry Co.,Ltd. (合盛硅业股份有限公司) (603260.SH) reported a net profit of 1.8 billion yuan in the first half of 2023, down 50.1% year-on-year.

Meanwhile, the company posted 11.9 billion yuan in revenue, down 8.2% year-on-year.

At the end of the reporting period, it had 73.7 billion yuan in total assets and 41.9 billion yuan in total liabilities, with a liability-to-asset ratio of 56.9%.