Core Viewpoint - Huahong Semiconductor's stock dropped over 6% following the release of its interim results, reflecting investor concerns over declining net profit despite revenue growth [1] Financial Performance - The company reported a revenue of 8.018 billion yuan for the first half of the year, representing a year-on-year increase of 19.09%, driven by higher wafer sales and contributions from the FAB9 manufacturing project [1] - Net profit fell significantly to 74 million yuan, a decrease of 71.95% year-on-year, primarily due to initial capacity ramp-up costs associated with the new manufacturing project and ongoing increases in overall R&D expenditures [1] Strategic Moves - On August 17, the company announced plans to acquire equity related to the assets of Shanghai Huahong Microelectronics Co., Ltd., which competes with Huahong in the 65/55nm and 40nm segments, through a combination of share issuance and cash payment [1] - If the acquisition is successfully implemented, it is expected to enhance the company's capacity and further open up revenue growth opportunities [1]
港股异动 | 华虹半导体(01347)绩后跌超6% 上半年营收同比增超19% 净利润下滑逾七成