Hana Microelectronics Public Company Limited (SET: HANA) has announced its 1Q23 consolidated financial statement through the Stock Exchange of Thailand as follows;
| Quarter | 1Q23 | 1Q22 |
| Net Profit (Loss) Million Baht |
266.50 | 365.00 |
| Earning Per Share (Baht) |
0.33 | 0.45 |
| % Change | -26.99 | |
In 1Q23, HANA reported a net profit of THB 266 million, down 27.0% from THB365 million in 1Q22, due to lower IC assembly revenues and increased electricity costs.
Sales revenue increased 6% year on year to TH 6,466 million for the first quarter of 2023 from THB6,107 million for the first quarter 2022. Sales revenue in USD terms increased 3% to USD191 million in 1Q23 from USD185 million in 1Q22. Earnings from operations decreased -28% to THB275 million in 1Q23 from THB384 million in 1Q2022.
The gross profit margin decreased -2% points to 9% in 1Q23 from 11% 1Q22. Gross margin in 1Q decreased due to lower semiconductor assembly revenues and higher electricity expenses.
