Hua Hong Semiconductor reported that fourth-quarter 2025 revenue rose to US$659.9 million, marking a 22.4% increase compared with the same period in 2024 and a 3.9% increase over the previous quarter. Gross margin reached 13.0%, reflecting a 1.6 percentage-point improvement year on year. Net profit attributable to shareholders of the parent was US$17.5 million, a notable turnaround from the US$25.2 million loss in the fourth quarter of 2024.
Management highlighted full-year 2025 revenue of US$2,402.1 million, representing 19.9% year-on-year growth. The annual gross margin stood at 11.8%, an increase of 1.6 percentage points over 2024. Against a backdrop of ongoing demand for AI, new energy vehicles, and related specialty technology applications, the company ran its facilities at an average capacity utilization rate of 106.1% throughout 2025.
Looking ahead to the first quarter of 2026, revenue is projected in the range of US$650 million to US$660 million, and gross margin is expected to be between 13% and 15%. Capacity expansion continued during 2025, with the first phase of the second 12-inch production line in Wuxi exceeding initial targets and the acquisition of the Shanghai 12-inch manufacturing base progressing according to plan.