Maxscend Microelectronics Company Limited Class ASZSE: 300782

Maxscend Microelectronics Company: Q3 profit fell 84% year-over-year amid negative cash flow and higher R&D, offset by new credit line

· Issued by Maxscend Microelectronics Company Limited Class A

Q3 2024 saw revenue drop 23% and net profit plunge 84% year-over-year, with negative operating cash flow and rising R&D and inventory. The company secured a ¥4.2 billion credit line to support liquidity and future growth.

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