Hua Hong Semiconductor Swings to Loss in Three Months to December 2024

MT Newswires Live
02-13

Hua Hong Semiconductor (HKG:1347) recorded a net loss attributable to shareholders of the parent of $25.2 million in the fourth quarter of 2024, against an attributable profit of $35.4 million logged for the same period in the preceding year, a Thursday bourse filing said.

The attributable loss per share was $0.015 for the three months ended Dec. 31, 2024, compared with earnings of $0.021 per share booked for Q4 2023.

The revenue of the semiconductor company came in at $539.2 million for the three months in reporting, 18.4% higher than $455.4 million logged a year ago, attributable to an increase in

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