Summary by Moomoo AI
Hua Hong Semiconductor Co., Ltd. released its Q2 2024 performance report on August 8, 2024. The report shows that the company's sales revenue in Q2 2024 was 0.4785 billion US dollars, a decrease of 24.2% from the same period last year's 0.6314 billion US dollars, but slightly increased from last quarter's 0.46 billion US dollars. The gross margin was 10.5%, a significant decrease from 27.7% of the same period last year, but improved from 6.4% of last quarter. The net profit attributable to the parent company was 6.7 million US dollars, a decrease from both 78.5 million US dollars of the same period last year and 31.8 million US dollars of last quarter. The basic earnings per share was 0.004 US dollars, lower than 0.060 US dollars of the same period last year and 0.019 US...Show More