Hua Hong Grace Q2 revenue hit a record high of US$717.5 million, with net profit surging 386% year-on-year; Q3 revenue guidance up to US$780 million.
Chinese semiconductor foundry Hua Hong Grace announced its Q2 2026 results, with quarterly sales revenue increasing by 26.8% year-on-year to a record high of $717.5 million; net profit attributable to the parent company was $38.6 million, a year-on-year increase of 385.9%. The company's gross profit margin rose to 16.5%, and its capacity utilization rate reached 102.8%. Both revenue and gross profit margin exceeded previous guidance. The company expects Q3 sales revenue to be between $770 million and $780 million, with a gross profit margin projected to be between 16% and 18%.
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