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Solomon Systech (International) Ltd. ( (HK:2878) ) has issued an announcement.
Solomon Systech (International) Ltd. has issued a profit warning, indicating a significant decrease in its unaudited consolidated profit for the first half of 2025, compared to the same period in 2024. The decline is attributed to a drop in average selling prices and shipment quantities due to delays in new product launches, as well as increased research and development costs. Despite these challenges, the company maintains a stable gross profit margin and anticipates a rebound in shipment volumes following the launch of new products, supported by its ongoing commitment to R&D.
More about Solomon Systech (International) Ltd.
Solomon Systech (International) Ltd. is a company incorporated in the Cayman Islands, primarily engaged in the semiconductor industry. The company focuses on the development and sale of integrated circuit products, with a market focus on display and touch technologies.
Average Trading Volume: 4,013,065
Technical Sentiment Signal: Buy
Current Market Cap: HK$1.15B
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