Hangzhou Silan Microelectronics' Attributable Profit Jumps 95% in H1; Shares Fall 3%

MT Newswires Live
Aug 25

Hangzhou Silan Microelectronics' (SHA:600460) attributable profit jumped 95% to 515.9 million yuan in the first half from 264.8 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 0.31 yuan from 0.16 yuan in the prior-year period.

Operating revenue grew 15% year over year to 7.26 billion yuan from 6.34 billion yuan.

Company shares fell 3% during afternoon trading on Tuesday.

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