Union Semiconductor's H1 Profit Drops 99%, Revenue Rises 11%
MT Newswires Live
Aug 13
Union Semiconductor (Hefei) (SHA:688403) said its net profit attributable to shareholders in the first half dropped 99% to approximately 5 million yuan from 96 million yuan a year earlier, according to a Thursday disclosure on the Shanghai bourse.
Earnings per share fell year on year to 0.01 yuan from 0.12 yuan.
Operating revenue rose 11% to 958.6 million yuan from 866.2 million yuan in the previous year.
The fabless integrated circuit design company's shares rose 2% during the midday trade.
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