Screen 2Q25_3_ Raising near term China outlook
China Securities·2024-11-03 17:15
QUICK TAKE 31 October 2024 Japan Semiconductors Screen Holdings Co Ltd Rating Market-Perform Price Target 7735.JP 9,700.00 JPY David Dai, CFA +852 2918 5704 david.dai@bernsteinsg.com Juho Hwang +852 2123 2632 juho.hwang@bernsteinsg.com Xuan Ji +852 2918 5342 xuan.ji@bernsteinsg.com Screen 2Q25/3: Raising near term China outlook Screen 2Q results were inline. 2Q FY25/3 revenue came in at ¥143.2bn, up 23% yoy, below consensus by 2%. Gross margin and operating margins are better than consensus, at 38% and 21.3 ...