Summary by Futu AI
Suzhou Baker Microelectronics Co., Ltd. (Baker Micro) released its unaudited interim financial report on June 30, 2024. The report shows that the company achieved revenue of RMB 290.6 million during the reporting period, a year-on-year increase of 42.1%, with a gross margin of 51.3%. The profit during the period reached RMB 67.1 million, and earnings per share were RMB 1.12. The company continues to focus on high-end industrial-grade analog IC wafer business and explore the market in new customer groups such as new energy vehicles. Baker Micro stated that the global analog IC industry is shifting towards China, with a broad market space, especially stable growth in demand for analog chips in the industrial and automotive fields. The company was listed on the Main Board of the Stock Exchange of Hong Kong on December 28, 2023, and enjoyed tax-exempt treatment in 2023 and 2024. No dividends were distributed during the reporting period.