Asia
Jefferies Adjusts SICC's Price Target to 70 Yuan from 60 Yuan, Keeps at Underperform
SHA:688234
2 stories mentioning SHA:688234Updated 44d ago
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SICC (HKG:2631, SHA:688234) recorded 60.5 million yuan in attributable loss for the first quarter of 2026, swinging from a profit of 8.5 million yuan a year earlier, according to a Hong Kong bourse filing Tuesday.The semiconductor material company's Hong Kong shares fell nearly 2% in morning trade on Wednesday.Loss per share was 0.13 yuan, compared with 0.02 yuan in earnings in the prior year period.Operating income fell 10% year on year to 365.5 million yuan, figures showed.