Advanced semiconductor (03355 - HK) announced that as of June 30, 2016, six months loss of 10.699 million yuan (RMB. The same below) annual net profit of 21.94 million (2015), the basic loss of 0.007 yuan. No dividends.

Results, affected by the traditional off-season, the company in late 2015 and early 2016 orders into the slow, together with the plan during the Chinese New Year is the annual shutdown overhaul, caused to the company's business performance and financial performance during the first half of the year has brought adverse effect. Therefore, the company by the six months ended June 30, 2016 sales of 347.4 million yuan (RMB. The same below), and by the six months ended June 30, 2015 sales of 385.9 million yuan lower than 10.0%. In the reporting period, the company the delivery of 8 inch wafer equivalent of 2015 of the six months ended June 30, 223096 fell 10.2% to 200308 pieces.

The six months ended June 30, 2016 gross profit is 31.2 million yuan, the six months ended June 30, 2015 gross profit is 58.9 million yuan. The six months ended June 30, 2016 gross margin was 9%, the six months ended June 30, 2015 gross margin was 15.3%, which can be attributed to average selling prices decline and the low capacity utilization, and part of the yuan against the dollar devaluation and favorable product portfolio.