Hua Hong Semiconductor Limited announced its latest financial report on November 7, 2024. The report shows that the company's revenue reached 0.5263 billion yuan, with a year-on-year growth of 7.4% and a quarter-on-quarter growth of 10.0%. The gross margin is 12.2%, a decrease of 3.9 percentage points compared to the same period last year, but an increase of 1.7 percentage points from the previous quarter. Net profit has significantly increased to 44.8 million yuan, with a year-on-year growth of 222.6% and a quarter-on-quarter growth of 571.6%. Earnings per share (EPS) is 0.026 yuan, with a year-on-year growth of 188.9% and a quarter-on-quarter growth of 550.0%. The company's debt ratio decreased from 5.4% in the previous quarter to 5.3% in this quarter. The...Show More

Hua Hong Semiconductor Limited announced its latest financial report on November 7, 2024. The report shows that the company's revenue reached 0.5263 billion yuan, with a year-on-year growth of 7.4% and a quarter-on-quarter growth of 10.0%. The gross margin is 12.2%, a decrease of 3.9 percentage points compared to the same period last year, but an increase of 1.7 percentage points from the previous quarter. Net profit has significantly increased to 44.8 million yuan, with a year-on-year growth of 222.6% and a quarter-on-quarter growth of 571.6%. Earnings per share (EPS) is 0.026 yuan, with a year-on-year growth of 188.9% and a quarter-on-quarter growth of 550.0%. The company's debt ratio decreased from 5.4% in the previous quarter to 5.3% in this quarter. The report also mentioned that the company's 8-inch and 12-inch wafer product lines have made positive progress under the "8 + 12" strategy, with stable demand for IC and Power Discrete products. In addition, the company's investor relations event schedule for 2024 has been announced and relevant information can be found on the company's official website.