Renesas Reports Financial Results for the Second Quarter Ended June 30, 2024

TOKYO — (BUSINESS WIRE) — July 24, 2024 — Renesas Electronics Corporation (TSE:6723) today announced consolidated financial results in accordance with IFRS for the three and six months ended June 30, 2024.

Summary of Consolidated Financial Results (Note 1)

Summary of Consolidated Financial Results (Non-GAAP basis) (Note 2)

 

Three months ended

June 30, 2024

Six months ended

June 30, 2024

 

Billion yen

% of Revenue

Billion yen

% of Revenue

Revenue

358.8

100.0

710.6

100.0

Gross profit

203.6

56.7

402.9

56.7

Operating profit

110.6

30.8

224.1

31.5

Profit attributable to owners of parent

96.7

26.9

202.5

28.5

EBITDA (Note 3)

132.8

37.0

266.6

37.5

Summary of Consolidated Financial Results (IFRS basis)

 

Three months ended

June 30, 2024

Six months ended

June 30, 2024

 

Billion yen

% of Revenue

Billion yen

% of Revenue

Revenue

358.8

100.0

710.6

100.0

Gross profit

200.9

56.0

398.4

56.1

Operating profit

69.7

19.4

147.6

20.8

Profit attributable to owners of parent

59.8

16.7

139.6

19.6

EBITDA (Note 3)

120.6

33.6

246.3

34.7


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