FilingReader Intelligence

Maxscend swings to RMB 147m loss amid revenue decline

August 21, 2025 at 05:22 PM UTCBy FilingReader AI

Maxscend Microelectronics swung to a net loss of RMB 147.39 million for the first half of 2025, compared to a profit the previous year. Revenue fell 25.42% to RMB 1.70 billion.

The company blamed seasonal market weakness and higher production costs from its 12-inch wafer production line for the decline.

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

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