BaTeLab (HKG:2149) recorded a 15% rise in profit in the first half of 2025 to 77.1 million yuan from 67.1 million yuan in the year-ago period, a late Friday Hong Kong bourse filing said.

Shares of the semiconductor manufacturer were down 8% in Monday afternoon trading.

Earnings per share were 1.266 yuan in the six months ended June, up from 1.119 yuan in the corresponding period of the last year.

Revenue rose 0.4% to 291.7 million yuan in the interim period from 290.6 million yuan a year prior.

The firm attributed the higher profit primarily to improved management efficiency, which led to lower administrative and R&D expenses.