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"King of Africa": net profit in the first three quarters was 2.258 billion yuan, down 21.64% from the same period last year.

2025-02-05 Update From: SLTechnology News&Howtos shulou NAV: SLTechnology News&Howtos > IT Information >

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

CTOnews.com October 25 news, Chuanyin Holdings today released the third quarter report of 2022, the company in the first three quarters achieved operating income of 36.032 billion yuan, up 0.72% year-on-year; net profit attributable to mother 2.258 billion yuan, down 21.64% year-on-year.

In the third quarter, the operating income was 12.923 billion yuan, up 0.03% year-on-year; the net profit attributable to the mother was 605 million yuan, down 47.42% year-on-year.

Chuanyin Holdings said that the net profit of parent company in the third quarter fell 47.42% year-on-year, mainly due to the increase of expenses during the period: the company continued scientific and technological innovation, increased R & D investment related to products and mobile Internet, improved the terminal experience and product competitiveness of mobile phone users, and increased R & D expenses year-on-year; at the same time, the company increased market development and brand promotion efforts, and sales expenses increased year-on-year. In addition, the fair value of financial assets measured at fair value through profit or loss for the period is a loss for the period, resulting in a year-on-year decrease in non-recurring profits and losses.

CTOnews.com understands that according to Transsion Holdings '2022 semi-annual report, in the African market, the company's African smartphone market share exceeds 40%, ranking first. In the South Asian market, Pakistan's smartphone market share is 36.8%, ranking first; Bangladesh's smartphone market share is 19.7%, ranking first; India's smartphone market share is 6.9%, ranking sixth.

According to IDC data statistics, in the first half of 2022, the share of Voice Holdings in the global mobile phone market was 11.4%, ranking third among global mobile phone brand manufacturers, among which the share of smart phones in the global smartphone market was 6.1%, ranking sixth.

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