FilingReader Intelligence

Montage Technology net profit surges 135% in Q1 2025

April 23, 2025 at 05:22 PM UTCBy FilingReader AI

Montage Technology (SSE:688008) announced a significant increase in first-quarter earnings, with net profit attributable to shareholders rising 135.14% year-over-year to CNY 525.33 million. Revenue grew by 65.78% to CNY 1.22 billion, driven by robust demand for its DDR5 memory interface and accelerated computing chips amidst the ongoing AI boom. The company's investment in R&D remained substantial at CNY 153.06 million, though representing a smaller percentage of revenue compared to the previous year. The company expects continued strong performance in the second quarter, with a backlog of CNY 1.29 billion in interconnect chip orders as of April 22, 2025.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

SSE:688008Shanghai Stock Exchange

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