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

Thank you, Mr. Air, a netizen of CTOnews.com, for your clue delivery! According to CTOnews.com news on January 30, Vishino Technology Co., Ltd. today released a forecast of its results for 2022, with an estimated operating income of 7.3 billion yuan to 7.6 billion yuan and a net loss of 2.05 billion yuan to 2.4 billion yuan, down 35.2% to 58.29% from the previous year.

The announcement said that during the reporting period, the domestic economy was under great pressure due to the influence of multiple factors such as the international environment, geographical conflicts and the epidemic situation. The production line of the company overcomes all kinds of difficulties and carries out production in an orderly manner with the support and help of government departments at all levels. Centering on the medium-and long-term development strategy and annual business goal of "one strong and two new", the company allocates various resources to ensure product delivery, realizing the sustained growth of business income and accelerating the increase of head customer share.

Since the third quarter of 2022, the release of the company's production capacity has accelerated, and the rate of production continues to be at the top of the industry. During the reporting period, the company is expected to achieve operating income of 7.3 billion yuan to 7.6 billion yuan, an increase of 17% to 22% compared with the same period last year traced back to the "Accounting Standards for Enterprises interpretation No. 15". Among them, OLED product revenue is expected to range from 6.62 billion yuan to 6.92 billion yuan, an increase of 9% to 14% over the same period last year.

CTOnews.com has learned that the main reasons for the changes in Vicino's operating results in 2022 compared with the same period last year are:

1. The 6th generation AMOLED panel production line of Gu'an was consolidated in June 2021, and the cost of OLED products in the first half of 2021 does not include the depreciation of the untransferred production line. Due to the influence of the conversion of the sixth generation AMOLED panel production line in June 2021, the depreciation expense included in the current profit and loss in 2022 increased by about 742 million yuan, so the corresponding cost changed greatly compared with the same period last year. At the same time, due to the effect of consolidation, the capitalized amount of interest decreased by 92 million yuan compared with the same period last year, which increased the financial expenses compared with the same period last year.

2. During the reporting period, the company shall provide technical licenses to the participating companies to increase the company's income.

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