Chip Manufacturer InnoScience's Loss Widens in 2024

MT Newswires Live

04/10

InnoScience (Suzhou) Technology's (HKG:2577) loss narrowed to 1.05 billion yuan in 2024 from 1.10 billion yuan in 2023, according to an annual report filed Wednesday with the Hong Kong bourse.

Loss per share at the gallium-nitride-on-silicon wafer manufacturer narrowed to 1.28 yuan from 1.38 yuan in the previous year.

Revenue grew 40% to 828.5 million yuan from 592.7 million yuan a year earlier.

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