Shulou(Shulou.com)11/24 Report--

CTOnews.com August 29 news, Oufeiguang Group Co., Ltd. today released 2022 semi-annual report.

Financial report shows, Oufeiguang first half revenue 7.78 billion yuan, The same period last year 11.74 billion yuan, Year-on-year decrease 33.78%; Net loss 870 million yuan, The same period last year net profit 33.897 million yuan, Year-on-year decrease 2677.73%.

Ou Feiguang said that in the first half of 2022, the complexity, severity and uncertainty faced by the global economic development environment still exist, and many fields show significant differentiation trend. The global chip supply continues to be tight, and many industries such as consumer electronics and smart cars have experienced problems such as rising raw materials and shortage of supply. The development of consumer electronics industry has slowed down, and market competition has become increasingly fierce, which will adversely affect the development of the industry in which the company is located in the short term. The opportunities and challenges faced by the company have new developments and changes, and various reform measures and strategic investments are still advancing in an orderly manner.

During the reporting period, the Company realized operating income of RMB 7.775 billion yuan, down 33.78% year-on-year, and net profit attributable to shareholders of listed companies was RMB-874 million yuan. The main reasons are as follows:

1. Affected by the termination of procurement relationship with specific overseas customers in the first quarter of 2021, the shipment volume of products related to specific customers of the Company decreased significantly year-on-year in the first half of 2022.

2. Due to the change of international trade environment, repeated global epidemic situation, the slowdown of consumption demand in downstream terminal market in a short term and the restriction of chip supply interruption of smart phone business of H customers, the shipment volume of some products of the Company decreased year-on-year.

The Company's overall operating income decreased significantly year-on-year, and the amortization of fixed costs led to an increase in unit cost of products; due to the fluctuation of the exchange rate of USD against RMB, the Company's exchange losses increased, which had a certain impact on profits during the reporting period.

4. The Company conducted a comprehensive inventory of all types of assets, conducted impairment tests, and made impairment provisions for assets that may suffer impairment losses.

CTOnews.com reminds that some people in the industry speculated that "overseas specific customers" were Apple and " H customers" were Huawei.

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