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MaxOne Semiconductor's H1 Profit Jumps 61%, Revenue Rises 67%

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MaxOne Semiconductor's (Suzhou) (SHA:688809) net profit attributable to shareholders in the first half jumped 61% to 222.4 million yuan from 137.9 million yuan a year earlier, according to a Shanghai bourse filing on Monday.

Earnings per share rose 21% year on year to 1.72 yuan from 1.42 yuan.

Operating revenue climbed 67% to 624.1 million yuan from 374.4 million yuan in the previous year.

The Chinese semiconductor company did not recommend any cash dividends for the period, but proposed to place 4 shares for every 10 years to shareholders through capitalization of capital reserve.

The company's shares rose 4% at the close.

What else is happening in Asia?

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