HANA Reports an Increase of 98% to ฿536m in 2Q2019 Profit from Foreign Exchange Gains

Hana Microelectronics Public Co. Ltd. (HANA) has reported its 2Q19 consolidated financial statement through the Stock Exchange of Thailand as follows:

HANA recorded a net profit to increase 98% to THB 536 million in Q219 from THB 270 million in Q218, due exchange gain of 103 million in Q219 vs exchange loss of 236 million in Q218.

HANA sales revenue decreased 5% YoY to THB 5.2 billion for the second quarter of 2019 from THB 5.5 billion for the second quarter of 2018.   Sales Revenue in USD terms decreased 4% to USD 163m for Q2 2019 from USD 171m in Q2 2018. Operating Profits decreased 18% to THB 409m in Q2 2019 from THB 500m in Q2 2018.