ASR Microelectronics Widens 2024 Loss, Revenue Up 30%

MT Newswires Live
04-08

ASR Microelectronics (SHA:688220) deepened its 2024 net loss attributable to shareholders to 693.0 million yuan from 505.8 million yuan the previous year.

Loss per share widened to 1.70 yuan from 1.22 yuan, according to a filing with the Shanghai bourse.

The semiconductor manufacturer's revenue rose 30% year over year to 3.39 billion yuan from 2.60 billion yuan.

Shares of the company were down 2% in recent trade.

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