HUA HONG SEMI 1347

[winston]

not vested

HUA HONG SEMI Craters 4.8% as 4Q24 Net Loss US$25.2M on FX Losses

HUA HONG SEMI (01347.HK) 4Q24 quarterly revenue surged by 18.4% YoY to US$539.2 million, up 2.4% QoQ.

Gross margin was 11.4%, up 7.4 ppts YoY but down 0.8 ppts QoQ.

Net loss attributable to shareholders of the parent company amounted to US$25.2 million, compared to net profit of US$35.4 million in 4QFY23 and US$44.8 million in 3Q24, primarily due to foreign exchange losses in the period versus foreign exchange gains in previous periods.

Source: AAStocks Financial News

http://www.aastocks.com/en/stocks/news/ ... -news/AAFN