Shares of Shanghai Fudan Microelectronics Group Co., Ltd. tumbled around 5% on Thursday, November 1st, after the semiconductor company reported a steep decline in its third-quarter earnings.
According to a filing with the Hong Kong Stock Exchange, Shanghai Fudan's attributable profit plunged 61% year-over-year to 79.1 million yuan ($11.1 million) in Q3. Earnings per share fell 58% from a year earlier to 0.10 yuan.
The disappointing results sent the company's share price down around 4% on the Shanghai Stock Exchange and 3% in Hong Kong trading. Operating income also slipped 5.6% compared to the same period last year, coming in at 889.6 million yuan.
免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。