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Consumer demand is flat, and Espressif's half-year net profit is expected to drop by about 37.68%
On the evening of August 3, Espressif Technology announced that it is expected that the net profit attributable to owners of the parent company in the first half of 2022 will be about 63.27 million yuan, which will be a decrease of about 38.25 million…
On the evening of August 3, Espressif Technology announced that it is expected that the net profit attributable to owners of the parent company in the first half of 2022 will be about 63.27 million yuan, which will be a decrease of about 38.25 million yuan compared with the same period of the previous year, a year-on-year decrease. 37.68%; the net profit attributable to the owner of the parent company after deducting non-recurring gains and losses is about 49.59 million yuan, a decrease of about 40.43 million yuan compared with the same period of the previous year, a decrease of about 44.91% year-on-year.
Espressif Technology pointed out that the operating income for the current period was about 613.8 million yuan, a decrease of about 16.8 million yuan compared with the same period of the previous year, and a decrease of about 2.66% year-on-year. In the same period last year, there was a panic of chip shortage in the market, and downstream customers actively stocked up, resulting in a high base in the same period. In the current period, the global macroeconomic growth slowed down and the demand in the consumer market was weak, so the growth of operating income stagnated year-on-year. The company's operating income in Q2 increased by about 12.43% from Q1, and the comprehensive gross profit margin level was stable at about 40%.
Espressif continues to increase investment in R&D. In this issue, it has released 2.4&5GHz Wi-Fi 6 series new products with built-in self-developed RISC-V processors, and continues to launch new IoT application solutions for future market development. , open up new application growth points.
Time:2024-11-16
Time:2024-11-16
Time:2024-11-16
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Time:2024-11-16
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