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 July 16, Shen Tianma An issued a semi-annual performance forecast, saying that the net loss attributed to shareholders of listed companies was 1.4 billion-1.46 billion yuan, compared with a profit of 371 million yuan in the same period last year. It is estimated that the net loss in the first half of the year is 1.99 billion-2.09 billion yuan after deducting non-recurring profits and losses, and a loss of 236 million yuan in the same period last year.

CTOnews.com learned from the report that during the reporting period, the global economy was in the doldrums and industry profit margins were low, and the impact on consumer electronics terminals in Tianma's small and medium-sized display field was particularly obvious; in the second quarter, product prices in the small and medium-sized display field were still under pressure, but the rate of decline was narrowing, and industry demand rebounded moderately compared with the previous quarter. The company's consumer business, which accounts for a large share of revenue, especially smartphones show a sharp year-on-year decline in the profitability of its products.

During the reporting period, Tianma LTPS middle and high-end IT showed that product shipments increased by about 150% year-on-year, and flexible AMOLED smartphone business shipments increased by more than 400% year-on-year. Among them, the proportion of flagship projects and one-supply / sole-supply projects of the brand has made significant progress, but the continuously pressurized prices have compressed the profit margins of AMOLED flexible mobile phone products, affecting the extent and progress of flexible AMOLED business performance improvement.

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