National Silicon Industry Group Co Ltd Class A

688126: XSHG (CHN)
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National Silicon Earnings: Double Whammy by Setback in 300mm Wafers and Struggling Prices

National Silicon Industry Group's June quarter revenue grew 6% year on year to CNY 896 million due to higher volumes and slightly better 200mm wafer prices. However, gross margin worsened to negative 14.6% as depreciation of its new 300mm silicon-on-insulator wafers site began.

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