On May 12, Hua Hong Semiconductor announced the first quarter performance of 2022.The company's single -quarter revenue reached a record 595 million US dollars (equivalent to RMB 4.041 billion), an increase of 95.1%year -on -year, and a month -on -month increase of 12.6%; the net profit of the mother -in -law was 103 million US dollars (equivalent to RMB 700 million), an increase of 211.4%year -on -year.The month -on -month decrease was 22.9%; the gross profit margin was 26.9%, a year -on -year increase of 3.2 percentage points, and a 5.6 percentage point decrease from the previous month.The company is expected to achieve sales revenue in the second quarter of about $ 615 million (equivalent to RMB 4.177 billion), and the gross profit margin is between 28%and 29%.

Mr. Tang Junjun, the president and executive director of the company's company, said in the first quarter of the performance: In the context of the continuation of the "core" in the fields of automobiles and new energy this year, the market's demand for characteristic craftsmanship has remained at a high level and promoted the average sales of products for products.The price is fully boosted.

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