FINWIRES · TerminalLIVE
FINWIRES

Hua Hong Semiconductor's Profit Soars 458% in Q1

By

Hua Hong Semiconductor's (HKG:1347, SHA:688347) attributable profit surged 458% to $20.9 million in the first quarter of 2026 from $3.8 million a year prior, according to a Thursday Hong Kong bourse filing.

Earnings per share were $0.012, up from $0.002 in the corresponding period of the previous fiscal year.

Revenue climbed 22% to $660.9 million from $540.9 million in the year-ago period, driven mainly by a rise in wafer shipments and an improved average selling price.

The semiconductor firm expects a revenue of between $690 million and $700 million for the second quarter of 2026.

Related Articles

Asia

China's Aviation Regulator Creates Low-Altitude Safety Unit

The Civil Aviation Administration of China (CAAC) has launched a low-altitude safety department to oversee development plans, coordinate safety protocols and build flight service platforms for the emerging sector.The low-altitude economy covers activities under 1,000 meters, Xinhua News reported Wednesday.The CAAC forecasts the low-altitude economy could surpass 3.5 trillion yuan by 2035.

$^SSEC$^SZSE
Asia

YFY Books NT$209 Million Profit in Q1

YFY (TPE:1907) posted a net profit attributable to owners of NT$208.8 million in the first quarter, or NT$0.13 per basic share.The paper and paper-related products manufacturer, which did not provide comparative year-ago figures in the Thursday disclosure on the Taiwan Exchange, also logged operating revenue of NT$18 billion.

$TPE:1907
Asia

Saregama India Posts Gains in Fiscal Q4 Consolidated Profit; Shares Jump 15%

Saregama India (NSE:SAREGAMA, BOM:532163) logged gains in its consolidated attributable profit to 753.9 million Indian rupees in the fiscal fourth quarter ended March 31 against 601.3 million rupees a year ago.Earnings per share climbed to 3.86 rupees from the year-ago figure of 3.11 rupees, according to a filing with the stock exchanges on Thursday by the media production house.Shares of the company jumped 15% at market close.Revenue from operations in the fiscal fourth quarter also increased to 2.87 billion rupees from 2.41 billion rupees a year earlier.

$BOM:532163$NSE:SAREGAMA