Tangshan Sunfar Silicon Industries Co.,Ltd.’s Net Profit Dropped 74.1% in First Three Quarters of 2023

Tangshan Sunfar Silicon Industries Co.,Ltd. (唐山三孚硅业股份有限公司) (603938.SH) reported a net profit of 161.4 million yuan in the first three quarters of 2023, down 74.1% year-on-year.

Meanwhile, the company posted 1.6 billion yuan in revenue, down 20% year-on-year.

At the end of the reporting period, it had 3.3 billion yuan in total assets and 855.5 million yuan in total liabilities, with a liability-to-asset ratio of 26.3%.