Hua Hong Semiconductor sees revenue and profit growth in first half of 2025

Hua Hong Semiconductor Limited recorded revenue of $1,107.0m for the first half of 2025, an 18.0% increase from $938.5m in the same period of 2024. Gross profit also saw a substantial rise of 40.0% to $111.6m, compared to $79.7m in H1 2024, primarily due to enhanced capacity utilization. However, the company reported a loss attributable to owners of the parent of $11.7m, down from a profit of $38.5m in H1 2024. Basic earnings per share for the period were $0.007.

The company's total assets less current liabilities stood at $10,826.3m as of June 30, 2025, a slight decrease from $10,852.9m at the end of 2024. Cash and cash equivalents decreased to $3,846.9m from $4,459.1m. Total interest-bearing bank borrowings increased by 3.5% to $2,275.3m from $2,197.9m at the end of 2024.

Operationally, the 8-inch and 12-inch production lines ran at full capacity, with the Hua Hong Manufacturing Project (Fab 9) commencing volume production and contributing to sales growth. The Analog & Power Management platform demonstrated double-digit year-on-year and quarter-on-quarter revenue growth. The company continues its capacity expansion plans, with the second-phase capacity deployment anticipated by the end of 2025.