Economy
Financial Markets
Commodities
Industries
Energy
Real Estate
Local listed Company
Overseas-listed Company
Foreign Company
Industrial Parks


 
Company - Overseas
 Search News  Or
Nasdaq-listed Actions Semiconductor swings to loss in Q1

May. 9, 2012 (China Knowledge) – Actions Semiconductor Co Ltd, an IC design company based in Zhuhai, Guangdong province, suffered US$650,000 in net loss attributable to shareholders in the first quarter of this year, compared with a net profit attributable to shareholders of US$5,000 in the same quarter of 2011.

From January to March, the Nasdaq-listed company's operation revenue reached US$10.7 million, reflecting a year-on-year increase of 13.8% but declined 13% quarter on quarter.

For the first quarter of 2012, the company saw its basic and diluted loss per American Depositary Share at US$0.01.

As of Mar. 31, 2012, the company had US$33.8 million in cash and US$ 187.8 million in convertible securities.

Actions Semiconductor expects its operation revenue to reach between US$12 million and US$ 13 million with a gross profit of 36% in the second quarter of this year.






Add this     
Copyright © "2015" www.chinaknowledge.com

Send feedback or comments to: news@chinaknowledge.com

For more news, financial weekly reports, business guides to China, Market Research Reports and other premium information, subscribe to China Knowledge today

To access our page on Bloomberg, type CKFI (GO)

 Our Professional Services

 E-Store

 News Archive
About Us | CSR | Media Center | E-Newsletter | E-Store | Contact Us | Feedback | Sitemap | Privacy Policy | Terms of Use  

           Copyright © 2014 China Knowledge Online. All Rights Reserved