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Huahong Semiconductor: Net profit of 3.8 million USD in the first quarter of 2025
Golden Ten Data on May 8, Hua Hong Semiconductor (01347. HK) announced that its sales revenue in the first quarter of 2025 was US$541 million, an increase of 17.6% year-on-year and 0.3% quarter-on-quarter. Gross profit margin was 9.2%, up 2.8 percentage points year-on-year and down 2.2 percentage points month-on-month. Profit attributable to owners of the parent company was $3.8 million, compared to a loss of $25.2 million in the year-ago quarter compared to $31.8 million in the year-ago quarter. Sales revenue for the second quarter of 2025 is expected to be approximately $550 million to $570 million, with gross margin of approximately 7% to 9%.