News Column

Tech Semiconductors H1 Net Expected to Down within 20%

July 7, 2014

HUBEI, July 7, SinoCast -- Tech Semiconductors Co., Ltd. (SZSE: 300046) expected net profit attributable to shareholders of CNY 19.9842 million to CNY 24.9803 million in the first half of 2014, declining 0% to 20% from a year earlier. In the reporting period, segmented semiconductor sector is still depressive, leading to weak demand in downstream market. However, the company strengthened control of costs so that sales revenue remains level with a year earlier and profit decrease has been slowed down.

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Source: Sinocast Computers & Electronics Beat (China)

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