Unigroup Guoxin Microelectronics Co., Ltd. Class ASZSE: 002049

Unigroup Guoxin Microelectronics: Revenue and profit fell over 25% year-over-year amid weak specialty IC demand and rising impairments

· Issued by Unigroup Guoxin Microelectronics Co., Ltd. Class A

Q3 2024 revenue and net profit dropped sharply year-over-year due to weak demand in the specialty IC sector, with significant declines in both sales and profitability. Credit and asset impairment losses rose, and cash flow from operations decreased.

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