SHE:300223

3 stories mentioning SHE:300223Updated 19d ago

Every FINWIRES story that references SHE:300223, newest first.

Ingenic Semiconductor Expects Up to 531% Surge in H1 Profit

Ingenic Semiconductor (SHE:300223) forecasts a 431% to 531% surge in its net attributable profit to between 1.08 billion yuan and 1.28 billion yuan in the first half from 203.1 million yuan in the year-ago period, according to a Monday after-hours filing with the Shenzhen bourse.The semiconductor company attributed the expected rise to strong demand for storage chips as well as price increases of computing chip products due to higher prices of raw materials.Shares rose 2% during the midday break on Tuesday.

SHE:300223

Asia48d ago

Ingenic Semiconductor Signs Supervision Agreement for Chip R&D Project

Ingenic Semiconductor (SHE:300223) signed a four-party supervision agreement for raised funds with its subsidiary Shenzhen Ingenic, Guotai Haitong Securities and Huaxia Bank.The agreement establishes a new special account for the embedded MPU series chip research and development and industrialization project, according to a Monday filing with the Shenzhen bourse.Shenzhen Ingenic will lead implementation of the new product line. The account, with an initial balance of 50 million yuan, is restricted to project use but allows cash management investments in low-risk products.

SHE:300223

Asia95d ago

Ingenic Semiconductor's Q1 Profit Surges 332%, Revenue Jumps 47%

Ingenic Semiconductor's (SHE:300223) net profit attributable to shareholders in the first quarter surged 332% to almost 319 million yuan from 73.9 million yuan a year earlier, according to a Shenzhen bourse filing on Wednesday.Earnings per share soared 331% year on year to 0.66 yuan from 0.15 yuan.Operating revenue jumped 47% to 1.56 billion yuan from 1.06 billion yuan in the previous year.The fabless semiconductor company's shares rose 1% at the close.

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