Huahong Semiconductor Witnesses 22.2% Year-on-Year Revenue Growth in Q1, With Hua Li Wei Acquisition Moving into Substantive Review Phase
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Author:小编   

On May 14, Huahong Semiconductor unveiled its financial performance for the first quarter of 2026. According to the report, the company's sales revenue for the quarter soared to US$660.9 million, marking a substantial 22.2% year-on-year increase. The gross profit margin also saw a notable uptick, reaching 13.0%—a 3.8 percentage point rise from the previous year. Both figures were in line with market expectations. Furthermore, the net profit attributable to the parent company's owners climbed to US$20.9 million, showcasing a significant year-on-year surge.