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

CTOnews.com January 29 news, iFLYTEK today issued a 2022 results forecast. IFLYTEK is expected to achieve operating revenue of 183.14-20.145 billion yuan in 2022, an increase of 10% over the same period last year, and gross profit of 75.33-8.287 billion yuan, an increase of 0% over the same period last year.

IFLYTEK said that the company's performance growth failed to meet expectations, mainly due to the continuous impact of COVID-19 's epidemic on the company's operation, and delays in bidding for projects across the country, especially due to the extension of more than 20 projects and contracts of more than 3 billion yuan in the fourth quarter, but the related projects were not cancelled. The reason why the company maintained a small increase in revenue and gross profit in 2022 is that the company's sustainable base business still grew by 23% in 2022, offsetting the impact of major project delays. In addition, at the end of this report, the net cash flow generated by the company's operating activities exceeded 500 million yuan, and the sales rebate increased positively, which kept a healthy and healthy match with the company's revenue growth.

IFLYTEK expects net profits belonging to shareholders of listed companies to 466.9 million yuan to 622.6 million yuan in 2022, down 60 percent from a year earlier. According to the announcement, in 2022, the fair value of the company's financial assets such as Sanren Bank, Cambrian, Shangtang and other financial assets decreased by about 587 million yuan compared with the same period last year due to stock price fluctuations, further affecting the company's current return net profit.

In addition, during the reporting period, the company deducted non-net profit of $392-538 million, a decrease of about $500 million over the previous year. In 2022, the company has invested about 800 million yuan in the cooperation platform expansion of education, medical and other continuous operation base business, new product research and development, and self-controllable and domestic adaptation of core technology.

CTOnews.com learned that iFLYTEK Chairman Liu Qingfeng said frankly in his latest internal speech that the company has stabilized the situation amid many uncertainties in 2022 and will move higher quality and more leisurely towards the 100 billion goal.

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