China Resources Microelectronics' Attributable Profit Jumps 113% in H1; Shares Slide 5%

MT Newswires Live
Aug 25

China Resources Microelectronics (SHA:688396) attributable profit jumped 113% to 722.4 million yuan in the first half from 338.8 million yuan in the year-ago period, according to a Tuesday filing with the Shanghai Stock Exchange.

Earnings per share at the semiconductor company increased to 0.5440 yuan from 0.2556 yuan in the prior-year period.

Operating revenue grew 17% year over year to 6.13 billion yuan from 5.22 billion yuan.

Company shares slipped 5% during the midday break on Tuesday.

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