Hygon IT's H1 Profit Jumps 50%, Revenue Climbs 67%

MT Newswires Live
Aug 14

Hygon Information Technology's (SHA:688041) net profit attributable to shareholders for the first half jumped 50% to 1.80 billion yuan from 1.20 billion yuan a year earlier, according to a Shanghai bourse filing on Friday.

Earnings per share rose 50% year on year to 0.78 yuan from 0.52 yuan.

Operating revenue climbed 67% to 9.10 billion yuan from 5.46 billion yuan in the previous year.

The Chinese chip manufacturer's shares slipped 1% during the morning trade.

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