Kunlun Tech's Loss Widens in Q1
Kunlun Tech's (SHE:300418) net loss attributable to shareholders in the first quarter widened year on year to almost 887 million yuan, or 0.71 yuan per share, according to a Shenzhen bourse filing on Wednesday.The attributable loss a year earlier was 769 million yuan, or 0.62 yuan per share.Operating revenue jumped 46% to 2.57 billion yuan from 1.76 billion yuan in the prior year.The fabless semiconductor company's shares rose 1% at the close.