Hua Hong Semiconductor (01347) said its profit attributable to owners for the year ended 31 December 2015 rose 20.7% year-on-year to US$112 million.
Basic and diluted earnings per share were US$0.11.
The revenue was US$650 million, a decrease of 2.2% from a year earlier. Gross margin was 31%, an increase of 1.2 percentage points compared to 2014.
For the fourth quarter of 2015, Hua Hong Semiconductor's net profit dropped 31% quarter-on-quarter but rose 8.9% year-on-year to US$20.87 million.
For the first quarter of 2015, Hua Hong Semiconductor expects revenue to grow 14%~16% with gross margin to be between 28% and 30%.
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