Macromicro Technology released its third quarter report for 2024, with both revenue and net profit declining

Macromicro Technology recently released its third quarter report for 2024. The report shows that the company achieved revenue of 343 million yuan in the quarter, a year-on-year decline of 7.53%; net profit attributable to the parent company was 2 million yuan, a year-on-year decline of 93.37%; net profit attributable to the parent company after deducting non-recurring items was -7 million yuan. Macromicro Technology's main business includes the design, research and development, production and sales of power semiconductor chips, single tubes and modules mainly based on IGBT and FRD.