ACM Research Shanghai Logs 42% Rise in H1 Profit; Shares Jump 9%

MT Newswires Live

08/10

ACM Research Shanghai (SHA:688082) posted first-half attributable net profit of 988.9 million yuan, up 42% from 695.8 million yuan the previous year.

Earnings per share rose to 2.04 yuan from 1.57 yuan, according to a half-year report.

Operating revenue climbed 14% year over year to 3.72 billion yuan from 3.27 billion yuan.

Shares of the semiconductor device manufacturer rose 9% in recent trade.

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