ASR Microelectronics Turns to Profit in H1

MT Newswires Live
Aug 31

ASR Microelectronics (SHA:688220) turned to an attributable profit of 84.2 million yuan in the first half from an attributable loss of 245.4 million yuan in the year-ago period, according to a Saturday filing with the Shanghai Stock Exchange.

The chip manufacturer logged earnings per share of 0.21 yuan compared with a loss per share of 0.60 yuan in the prior-year period.

Operating revenue grew 29% year over year to 2.45 billion yuan from 1.90 billion yuan.

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