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Hanmi Semiconductor Q1 Operating Profit Falls 87.9% to 8.4 Billion Won

Published: · Source: hankyung.com

Hanmi Semiconductor Q1 Operating Profit Falls 87.9% to 8.4 Billion Won
TL;DR: Hanmi Semiconductor reported first-quarter operating profit of 8.4 billion won, down 87.9% from a year earlier, confirming a sharp year-on-year decline in quarterly earnings.

Hanmi Semiconductor said its operating profit for the first quarter came in at 8.4 billion won. The figure represents an 87.9% decrease from the same period a year earlier. The announcement shows that the semiconductor equipment company’s quarterly profitability fell sharply compared with last year. The key figures provided in the original report are first-quarter operating profit of 8.4 billion won and a year-on-year decline of 87.9%. Investors and the market will need to review future disclosures and additional earnings data for details on sales, costs and orders. Source: hankyung.com.

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