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Hua Hong Semiconductor Ltd (1347.HK)

1347.HK on Hong Kong Stock

14.68HKD
25 Jun 2019
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Latest Key Developments (Source: Significant Developments)

Hua Hong Semiconductor Posts Q1 Net Profit US$46.6 Mln, Up 15.9 Pct YoY
Thursday, 9 May 2019 

May 9 (Reuters) - Hua Hong Semiconductor Ltd <1347.HK>::HUA HONG SEMICONDUCTOR LTD SEES Q2 REVENUE TO BE APPROXIMATELY $230 MILLION, FLAT COMPARED TO A YEAR AGO AND A 4.2% INCREASE OVER Q1 2019.Q1 REVENUE WAS US$220.8 MILLION, AN INCREASE OF 5.1% OVER PRIOR YEAR.HUA HONG SEMICONDUCTOR LTD SEES Q2 GROSS MARGIN TO BE APPROXIMATELY 30%.Q1 NET PROFIT WAS US$46.6 MILLION, 15.9% ABOVE 1Q 2018.RECOMMENDED A FINAL DIVIDEND OF HK$0.31 PER SHARE FOR CALENDAR YEAR 2018.  Full Article

Hua Hong Semiconductor Posts FY Profit Attributable $183.2 Mln
Thursday, 28 Mar 2019 

March 28 (Reuters) - Hua Hong Semiconductor Ltd <1347.HK>::FY PROFIT ATTRIBUTABLE $183.2 MILLION VERSUS $145.3 MILLION.FY REVENUE $930.3 MILLION VERSUS $808.1 MILLION.  Full Article

Hua Hong Semiconductor Appoints Tang Junjun As President Of Co
Thursday, 28 Mar 2019 

March 28 (Reuters) - Hua Hong Semiconductor Ltd <1347.HK>::TANG JUNJUN APPOINTED AS AN EXECUTIVE DIRECTOR.WANG YU HAS RESIGNED AS AN EXECUTIVE DIRECTOR AND PRESIDENT OF COMPANY.TANG JUNJUN APPOINTED PRESIDENT OF COMPANY.  Full Article

Hua Hong Semiconductor Unit Enters Into Technology Development Agreement With Shanghai Huali
Friday, 23 Nov 2018 

Nov 23 (Reuters) - Hua Hong Semiconductor Ltd <1347.HK>::UNIT ENTERED INTO TECHNOLOGY DEVELOPMENT AGREEMENT WITH SHANGHAI HUALI.SHANGHAI HUALI TO PROVIDE HHGRACE WITH LICENCE TO USE TECHNOLOGICAL KNOW-HOW AND ANCILLARY TECHNICAL CONSULTING SERVICES.SHANGHAI HUALI TO PROVIDE HHGRACE WITH A NON-EXCLUSIVE LICENCE IN SUPPORT OF 12-INCH PRODUCTION LINE OF JV CO.  Full Article

Hua Hong Semiconductor Posts Q3 Profit Of US$50.9 Mln
Thursday, 8 Nov 2018 

Nov 8 (Reuters) - Hua Hong Semiconductor Ltd <1347.HK>::Q3 REVENUE US$241.2 MILLION, AN INCREASE OF 14.9%.QTRLY PROFIT WAS US$50.9 MILLION, UP 44.1 PERCENT.EXPECT GROSS MARGIN TO BE APPROXIMATELY 34% IN Q4.EXPECT Q4 2018 REVENUE TO GROW IN RANGE OF 15% TO 16% COMPARED A YEAR AGO, AND 3% TO 4% QUARTER OVER QUARTER.  Full Article

Hua Hong Semiconductor Says Unit To Subscribe Wealth Management Product Of RMB500 Mln
Friday, 7 Sep 2018 

Sept 7 (Reuters) - Hua Hong Semiconductor Ltd <1347.HK>::HUA HONG WUXI TO SUBSCRIBE WEALTH MANAGEMENT PRODUCT OF RMB500 MILLION FROM CHINA DEVELOPMENT BANK (JIANGSU BRANCH).  Full Article

Hua Hong Semiconductor Says Q1 Profit US$40.2 Mln, Up 18.1%
Thursday, 10 May 2018 

May 10 (Reuters) - Hua Hong Semiconductor Ltd <1347.HK>::Q1 REVENUE US$210.1 MILLION, 14.7% OVER 1Q 2017.Q1 PROFIT US$40.2 MILLION UP 18.1%.EXPECT REVENUE TO GROW IN RANGE OF 5% TO 7% FOR Q2.RECOMMENDED A FINAL DIVIDEND OF HK$0.31 PER SHARE.EXPECT GROSS MARGIN TO BE BETWEEN 32% AND 33% FOR Q2 2018.  Full Article

Hua Hong Semiconductor Posts Qtrly Profit Of US$‍41.5​ Mln
Thursday, 8 Feb 2018 

Feb 8 (Reuters) - Hua Hong Semiconductor Ltd <1347.HK>::QTRLY PROFIT FOR THE PERIOD US$‍41.5​ MILLION VERSUS US$38.2 MILLION.QTRLY REVENUE US$216.9 MILLION, UP 11.8 PERCENT.‍EXPECT Q1 2018 REVENUE TO BE BETWEEN US$209 MILLION AND US$210 MILLION​.‍EXPECT Q1 2018 GROSS MARGIN TO BE APPROXIMATELY 30%​.Q1 REVENUE IS EXPECTED TO GROW 14 PERCENT TO 15 PERCENT, Y/Y.  Full Article

Hua Hong Semiconductor Announces Subscription And JV Agreement
Wednesday, 3 Jan 2018 

Jan 3 (Reuters) - Hua Hong Semiconductor Ltd <1347.HK>::CHINA INTEGRATED CIRCUIT INDUSTRY INVESTMENT FUND​ TO SUBSCRIBE FOR & CO TO ALLOT & ISSUE 242.4 MILLION SUBSCRIPTION SHARES.‍NET PROCEEDS OF SUBSCRIPTION WILL BE ABOUT US$400 MILLION.CO, HHGRACE, JV COMPANY, SUBSCRIBER AND WUXI ENTITY ENTERED INTO CAPITAL INCREASE AGREEMENT.‍SUBSCRIPTION SHARES AT PRICE OF HK$12.90 PER SUBSCRIPTION SHARE​.AGREEMENT TO INCREASE REGISTERED SHARE CAPITAL OF JV COMPANY FROM RMB6.7 MILLION TO US$1.80BLN.CO & HHGRACE TO INJECT $400 MILLION AND $518 MILLION IN CASH RESPECTIVELY TOWARDS JV CO.‍SUBSCRIBER & WUXI ENTITY WILL EACH CONTRIBUTE $522 MILLION AND $360 MILLION IN CASH TO JV CO​.  Full Article

Hua Hong Semiconductor Ltd posts qtrly ‍profit of US$35.3 mln
Tuesday, 7 Nov 2017 

Nov 7 (Reuters) - Hua Hong Semiconductor Ltd <1347.HK>:Qtrly ‍profit increased to US$35.3 million, 2.9 percent over 2Q 2017 and 18.5 percent above 3Q 2016​.‍We expect revenue to grow at approximately 3 percent in fourth quarter ​.Qtrly revenue US$209.9 million up 13.3 percent.Expect gross margin to be in range of 33 percent to 34 percent in Q4 2017​.  Full Article