On February 27th, Yunzhong Technology announced that its total operati

Published: Feb 28, 2024 12:03

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On February 27th, Yunzhong Technology announced that its total operating revenue in 2023 was 525.1611 million yuan, an increase of 13.41% year-on-year. The net profit attributable to the owners of the parent company was -119.711 million yuan. During the reporting period, the sales revenue of the consumer electronics and automotive electronics businesses increased slightly year-on-year. Due to the adjustment of consumer electronic product strategies, it is expected that the gross profit margin will decrease slightly year-on-year. In the first half of 2023, due to industry factors, the market was in a recovery period and profitability was lower than expected. However, in the second half of the year, the consumer electronics market began to show signs of recovery, coupled with the expansion of the market space in the field of optical cameras.

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