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<Results>HUA HONG SEMI 1Q Net Profit US$20.929M, Up 458.1% YoY
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HUA HONG SEMI (01347.HK) announced its results for 1Q26 ended March this year. Revenue was USD661 million, up 22.2% YoY. Net profit reached USD20.929 million, up 458.1% YoY, with EPS of USD0.012. During the period, gross margin was 13%, up 3.8 ppts YoY and flat QoQ.

For the second quarter, HUA HONG SEMI guided sales revenue to be between USD690 million and USD700 million. Gross margin is expected to range between 14% and 16%.

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