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Voluntary Disclosure Notice on Earnings Forecast for the First Three Quarters of 2024
Shanghai Fudan Microelectronics Group Expects Up to 38% Decline in Nine-Month Profit
Shanghai Fudan Microelectronics Warns of Profit Decline
Shanghai Fudan (01385.HK) issued a profit warning: It is expected that the net income will decrease by approximately 38.48% to 30.78% in the first three quarters.
Gelonghui October 18th | Shanghai Fudan (01385.HK) announced that as of September 30, 2024, for the nine months ended, (1) it is expected that the revenue will be approximately RMB 2660 million to 2700 million, a decrease of RMB 78.0375 million to 38.0375 million compared to RMB 2,738.0375 million in the same period last year, a year-on-year decrease of about 2.85% to 1.39%; (2) the net income attributable to the owners of the parent company is expected to be approximately RMB 400 million to 450 million, compared to around RMB 65 million last year.
Express News | Shanghai Fudan Microelectronics Group Co Ltd - Expected Results as Group Continued to Iterate Products and Technologies in 9M, Others
Express News | Shanghai Fudan Microelectronics Sees Revenue in Range of RMB2.66 Bln to RMB2.7 Bln for 9M
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