May 14, 2020 / 9:33 AM / 22 days ago

BRIEF-Hua Hong Semiconductor Posts Q1 Net Profit Attributable Of US$20.3 Mln

May 14 (Reuters) - Hua Hong Semiconductor Ltd:

* Q1 REVENUE WAS US$202.9 MILLION, 8.1% LOWER

* HUA HONG SEMICONDUCTOR LTD SEES Q2 REVENUE TO BE APPROXIMATELY US$220 MILLION

* EXPECT Q2 GROSS MARGIN TO BE IN RANGE OF 22% TO 24%

* Q1 NET PROFIT ATTRIBUTABLE US$20.3 MILLION VERSUS US$47.5 MILLION

* DUE TO IMPACT OF COVID-19, NEAR-TERM FUTURE OF CO’S MARKETS UNCERTAIN Source text for Eikon: Further company coverage: (Reuters.Briefs@thomsonreuters.com)

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