SHE:001309

2 stories mentioning SHE:001309Updated 27d ago

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Techwinsemi to Apply for Additional Credit of Up to 15 Billion Yuan

Shenzhen Techwinsemi Technology (SHE:001309) plans to apply for an additional credit or loan of up to 15 billion yuan for the year, according to a Shenzhen bourse filing on Friday.This is on top of the other 15 billion yuan credit shareholders approved in March, bringing the threshold to up to 30 billion yuan.The credit or loans will include bank acceptance bills, guarantees, letters of credit, collateralized loans and foreign exchange.The Chinese chipmaker's shares slumped 5% during morning trade.

SHE:001309

Asia63d ago

Shenzhen Techwinsemi Technology Returns to Profit in Q1 as Revenue Jumps 502%

Shenzhen Techwinsemi Technology (SHE:001309) posted first-quarter attributable net profit of 3.35 billion yuan, compared with loss of 69.1 million yuan the previous year.Earnings per share stood at 14.56 yuan, versus loss per share of 0.31 yuan, according to a Thursday filing on the Shenzhen bourse.Operating revenue rose 502% year over year to 7.54 billion yuan from 1.25 billion yuan.Shares of the chipmaker climbed 1% in recent trade.

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