HANA’s 3Q Profit Slips 21% to ฿320Mn due to Lower Sales Revenue

Hana Microelectronics Public Company Limited (HANA) has reported its 3Q20 consolidated financial statement through the Stock Exchange of Thailand as follows;

HANA’s net Profit decreased 21% to THB 320 million in Q320 from THB 407 million in Q319, due to lower sales revenue, operating profits and exchange loss in Q320. While sales revenue decreased 7% YoY to THB 4.8 billion from THB 5.2 billion in Q319. Sales revenue in USD terms decreased 9% YoY to USD 154 million from USD 168 million in Q319. Operating profits decreased 4% YoY to THB 367m from THB 381 million in Q319.