MetaX Integrated Circuits Narrows Q1 Loss as Revenue Jumps 75%

MT Newswires Live05-01

MetaX Integrated Circuits Shanghai (SHA:688802) posted first-quarter attributable net loss of 98.8 million yuan, compared with 232.5 million yuan the previous year.

Loss per share narrowed to 0.25 yuan from 0.90 yuan, according to a Thursday filing with the Shanghai bourse.

The graphics processing unit chip manufacturer's operating revenue rose 75% year over year to 561.9 million yuan from 320.4 million yuan.

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