China Resources Microelectronics released its third quarter report for 2024, with stable revenue but declining net profit

Huarun Microelectronics recently released its third quarter report for 2024. The report shows that the company achieved revenue of 2.711 billion yuan in the quarter, an increase of 8.44% year-on-year; net profit attributable to the parent company was 219 million yuan, a year-on-year decrease of 21.31%; net profit attributable to the parent company after deducting non-recurring items was 185 million yuan, a year-on-year decrease of 1.35%. Huarun Microelectronics' main businesses include power semiconductors, digital-analog hybrid, smart sensors and smart control.