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Suzhou Novosense Microlectronics Co. Ltd. Class H ( (HK:2676) ) has shared an update.
Suzhou Novosense Microelectronics reported a sharp jump in 2025 revenue to RMB3.37 billion, up 71.8% year on year, with gross profit nearly doubling, yet it remained loss-making. The group narrowed its operating loss by 44.2% and reduced its annual net loss by 43.2%, signaling improving scale and cost efficiency even as it continues to invest heavily, with its 2025 IFRS financial statements audited by KPMG and receiving an unqualified opinion.
The board confirmed that the consolidated figures for 2025 are consistent with the audited financial statements, which were prepared mainly on a historical cost basis with certain financial instruments measured at fair value. The clean audit opinion and substantial revenue growth may bolster investor confidence in the company’s financial reporting and suggest progress toward achieving sustainable profitability in a competitive semiconductor market.
More about Suzhou Novosense Microlectronics Co. Ltd. Class H
Suzhou Novosense Microelectronics Co., Ltd. is a China-based semiconductor company focused on analog and mixed-signal chips and related microelectronics solutions. Listed in Hong Kong, it targets a range of electronics markets where high-performance, reliable microchips are required, competing in a fast-growing but capital-intensive industry.
Average Trading Volume: 355,597
Current Market Cap: HK$25.49B
For a thorough assessment of 2676 stock, go to TipRanks’ Stock Analysis page.