Fudan Microelectronics' 2024 Profit Declines 20%

MT Newswires Live

2025/02/27

Shanghai Fudan Microelectronics (HKG:1385, SHA:688385) attributable profit fell 20% to 572.5 million yuan in 2024 from 719.5 million yuan in the year-ago period, according to a Wednesday filing with the Hong Kong Exchange.

Earnings per share at the integrated circuits and microelectronics developer decreased 20% to 0.70 yuan from 0.88 yuan in the previous year.

Revenue grew 1.5% to 3.59 billion yuan from 3.53 billion yuan a year earlier.

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