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Shanghai Fudan Microelectronics Group Co ( (HK:1385) ) has issued an announcement.
Shanghai Fudan Microelectronics Group has issued a profit warning for the first half of 2025, indicating a slight increase in revenue but a significant decrease in net profit compared to the same period last year. The decline in net profit is attributed to intense market competition, reduced tax incentives, decreased government subsidies, and increased inventory impairment losses. Despite these challenges, the company has seen growth in its integrated circuit design segment, excluding non-volatile memory products, and has maintained a stable gross profit margin.
More about Shanghai Fudan Microelectronics Group Co
Shanghai Fudan Microelectronics Group Co., Ltd. is a company based in the People’s Republic of China, specializing in integrated circuit design. The company focuses on developing a range of products, including non-volatile memory, and aims to expand its market share by introducing new products into new markets.
Average Trading Volume: 5,473,319
Technical Sentiment Signal: Buy
Current Market Cap: HK$37.09B
For detailed information about 1385 stock, go to TipRanks’ Stock Analysis page.