HANA Posts Profit of THB245 Million in 2Q22, Droping 67% YoY

Hana Microelectronics Public Company Limited (SET: HANA) has announced its consolidated financial statement through the Stock Exchange of Thailand as follows;

Quarter 2Q22 2Q21
Net Profit (Loss)
Million Baht
245 737
Earning Per Share
0.30 0.92
% Change -67
6 Months 2022 2021
Net Profit (Loss)
Million Baht
610 1,038
Earning Per Share (Baht) 0.76 1.29
% Change -41.24

In 2Q22, HANA recorded a net profit of THB245 million, decreasing 67% from a net profit of THB737 million in 2Q21, due to lower operating profit and higher exchange loss in 2Q22.

Sales revenue increased 5% year on year to THB6.4 billion, compared to THB6.1 billion in the same period of last year. Sales Revenue in USD terms decreased 4% to USD186 million from USD193 million in 2Q21. Earnings from operations decreased 22% to THB592 million from THB759 million in 2Q21.