Shanghai Fudan Microelectronics Group (HKG:1385) said it expects its attributable profit to fall by as much as 67%, according to a Hong Kong bourse filing Friday.
The firm expects 190 million yuan to 283 million yuan in profit for the year, 50% to 67% lower than the 572.6 million yuan booked in 2024.
Revenue is expected to increase by 9% to 12% year on year to a range of between 3.93 billion yuan and 4.03 billion yuan, the firm said.
The company's financial results are expected in March.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments