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Hua Hong Semiconductor Ltd (1347.HK)

1347.HK on Hong Kong Stock

16.70HKD
21 Sep 2018
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Latest Key Developments (Source: Significant Developments)

Hua Hong Semiconductor Subscribed For Structured Deposit Product
Monday, 27 Aug 2018 

Aug 27 (Reuters) - Hua Hong Semiconductor Ltd <1347.HK>::SUBSCRIBED FOR STRUCTURED DEPOSIT PRODUCT WITH PRINCIPAL AMOUNT OF RMB100 MILLION FROM CHINA CITIC BANK.  Full Article

Hua Hong Semiconductor Posts Qtrly Net Profit US$45.9 Mln, Up 33.6 Pct
Tuesday, 7 Aug 2018 

Aug 7 (Reuters) - Hua Hong Semiconductor Ltd <1347.HK>::QTRLY NET PROFIT US$45.9 MILLION, UP 33.6 PERCENT.QTRLY REVENUE US$230 MILLION, UP 16.1 PERCENT.EXPECTS REVENUE TO GROW IN RANGE OF 3% TO 4% QUARTER OVER QUARTER, 13% TO 14% COMPARED TO 3Q 2017.EXPECTS Q3 GROSS MARGIN TO BE BETWEEN 32% AND 33%.  Full Article

Hua Hong Semiconductor Says controlling shareholder Intends To Sell Shares In Co
Thursday, 17 May 2018 

May 17 (Reuters) - Hua Hong Semiconductor Ltd <1347.HK>::CO WAS INFORMED BY SHANGHAI ALLIANCE INVESTMENT OF ITS INTENTION TO SELL, THROUGH ITS UNIT, UP TO 28 MILLION SHARES IN CO.  Full Article

Hua Hong Semiconductor Posts FY ‍Net Profit Up 12.8 Pct​
Thursday, 29 Mar 2018 

March 29 (Reuters) - Hua Hong Semiconductor Ltd <1347.HK>::‍FY REVENUE US$808.1 MILLION, AN INCREASE OF 12.0%​.FY ‍NET PROFIT OF US$145.3 MILLION, UP 12.8%​.‍RECOMMENDS A FINAL DIVIDEND OF HK$0.31 PER SHARE​.  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

Hua Hong Semiconductor Q4 profit rises 83 pct to $38.2 mln from last year
Tuesday, 14 Feb 2017 

Hua Hong Semiconductor Ltd <1347.HK> : Q4 profit reached US$38.2 million, an increase of 28.1% over 3q 2016 and up by 83.1% compared to 4Q 2015 . Qtrly revenue reached another all-time high of US$194.0 million, up by 4.7% over 3Q 2016 and an increase of 39.2% over 4Q 2015 . Sees Q1 2017 gross margin to be around 29% . Sees revenue to be between US$182 million and US$183 million in Q1 2017 . Fully expect 2017 will be another year of strong growth . Expect demand will continue for virtually all segments focus on ."We expect that our overall selling price will improve and our margin will grow over time".  Full Article

BRIEF-Hua Hong Semiconductor Posts FY ‍Net Profit Up 12.8 Pct​

* ‍RECOMMENDS A FINAL DIVIDEND OF HK$0.31 PER SHARE​ Source text for Eikon: Further company coverage: