Summary by Moomoo AI
Hua Hong Semiconductor Limited released its third quarter report for 2024 on November 7, 2024. The report shows that in that quarter, Hua Hong Semiconductor's revenue reached $0.5263 billion, with a gross margin of 12.2%, exceeding expectations and achieving a quarter-on-quarter increase. The company's production capacity utilization reached full capacity across the board, demonstrating good resilience in a complex market environment. Unaudited financial data shows that the net income attributable to the shareholders of the listed company increased significantly to 313,011,678.51 yuan, a growth of 226.62% compared to the same period last year. However, the net income from the beginning of the year to the end of the reporting period decreased by 65.69%. The total research and development investment of the company amounted to...Show More