HG SEMI (06908) Reports Interim Results with Shareholders' Loss of RMB 59.293 Million, Up 9.3% Year-on-Year

Stock News
Aug 29

HG SEMI (06908) announced its interim results for the six months ended June 30, 2025. The group recorded revenue of RMB 33.061 million, representing a decrease of 3.48% compared to the same period last year. Loss attributable to owners of the company was RMB 59.293 million, an increase of 9.3% year-on-year. Basic loss per share was 7.7 cents.

The announcement stated that the revenue decrease was primarily due to reduced sales revenue from LED products. During this period, revenue from LED beads was approximately RMB 24.9 million (previous period: approximately RMB 33.2 million), accounting for about 75.4% of total revenue (previous period: about 97.0%). The main reason for the decrease was attributed to China's weak economy and subdued consumer sentiment.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10