Hua Hong Semiconductor's (HKG:1347, SHA:688347) attributable profit tumbled 79% to $58.1 million in 2024 from $280 million in 2023, according to a Thursday filing with the Hong Kong bourse.
The Chinese semiconductor company's earnings per share shrank to $0.034 from $0.189 a year earlier.
Revenue slipped 12.3% to $2 billion from $2.29 billion a year prior.
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