Asia
OmniVision Integrated Circuits' Profit Drops 42% in Q1; Shares Fall 5%
OmniVision Integrated Circuits (HKG:0501) posted net profit attributable to owners of 503 million yuan for the first quarter, down 42% from 866 million yuan a year earlier, according to a Wednesday Hong Kong bourse filing.Shares of the fabless semiconductor design company were down over 5% in Thursday afternoon trade.Earnings per share came in at 0.40 yuan, compared with 0.72 yuan a year earlier.Revenue fell to 6.41 billion yuan from 6.47 billion yuan in the prior-year period.
HKG:0501
