HANA’s 1Q20 Profit Falls by 33% due to a Loss Incurred on the Hedging Positions

HANA’s 1Q20 Profit Falls by 33% due to a Loss Incurred on the Hedging Positions

Hana Microelectronics Public Company Limited (HANA) has reported its 1Q20 consolidated financial statement through the Stock Exchange of Thailand as follows;

HANA reported a net profit of 203 million baht in 1Q20, decreased 32.82% when compared to a net profit of 303 million baht in 1Q19 mainly due to a 281 million baht loss incurred on the hedging positions. 

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