Core Viewpoint - In the first half of 2025, Huahong Semiconductor (1347.HK) reported revenue growth but a significant decline in net profit, leading to a stock price drop of over 7% during trading [1] Financial Performance - The company achieved revenue of 8.018 billion yuan, representing a year-on-year increase of 19.09%, driven by higher wafer sales and contributions from Huahong's manufacturing projects [1] - Net profit attributable to shareholders was only 74 million yuan, a substantial year-on-year decrease of 71.95%, primarily due to initial capacity ramp-up costs of the manufacturing projects and ongoing increases in overall R&D expenditures [1] - R&D expenses reached 939 million yuan, up 21.71% year-on-year, accounting for 11.99% of total revenue [1]
港股异动丨华虹半导体跌超7%，上半年净利同比大幅下降71.95%