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BaTeLab (HKG:2149) Is Doing The Right Things To Multiply Its Share Price
BaTeLab's 2024 Profit Jumps 53%
In 2023, Baker Micro (02149.HK) achieved a profit of 0.167 billion yuan, a year-on-year increase of 52.6%.
Guanglonghui March 20丨Becker Micro (02149.HK) announced its annual performance. For the fiscal year ending December 31, 2024, the company reported revenue of RMB 0.579 billion, a year-on-year increase of 24.8%; gross profit of RMB 0.307 billion, a year-on-year increase of 19.4%; net profit of RMB 0.167 billion, a year-on-year increase of 52.6%, with basic EPS of RMB 2.78. The increase in revenue is mainly due to the optimization of machine learning-based semi-automated chip design methods, the continuous launch of new industrial products, and the deep expansion of key customers. The company provides small batch production to customers.
Express News | BaTeLab Co Ltd - Revenue RMB578.8 Mln for FY
BATELAB: ANNUAL RESULTS ANNOUNCEMENTFOR THE YEAR ENDED 31 DECEMBER 2024
The USA is going to hold a hearing to investigate China's traditional chips, leading to a decline in chip stocks.
Jinwu Finance | Chip stocks generally fell, with BEKE MICRO (02149) down 4.20%, SOLOMON SYSTECH (02878) down 3.64%, HUA HONG SEMI (01347) down 2.85%, SHANGHAI FUDAN (01385) down 2.75%, CE HUADA TECH (00085) down 2.10%, ASMPT (00522) down 1.87%, and HG SEMI (06908) down 1.64%. The office of the U.S. Trade Representative will hold a hearing on the 11th local time regarding traditional chips (mature process chips) produced in China to explore the possibility of further increasing related tariffs.
