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Renesas Electronics Faces Tough Times in 2024: Operating Profit Drops 42.9%, Revenue Falls 8.2%
2025-02-08 /
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Author：小编
Renesas Electronics, a Japanese semiconductor giant, reported an operating revenue of 1,348.479 billion yen for fiscal year 2024, marking an 8.2% decrease from the previous year. While the company's gross profit margin held steady at 55.6%, its operating profit and net profit saw significant declines of 42.9% and 34.9%, respectively. For the fourth quarter, Renesas recorded an operating revenue of 292.6 billion yen and anticipates a further revenue drop of 12.2% in the upcoming quarter.
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