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

CTOnews.com news on August 20, Lance Technology announced its results for the first half of 2023, with operating income of 20.177 billion yuan, up 5.18% over the same period last year; net profit of 554 million yuan, up 281.90% over the same period last year; net profit of 453 million yuan after deducting non-recurring profits and losses, up 192.19% over the same period last year; net cash flow from operating activities was 4.363 billion yuan, an increase of 27.64% over the same period last year Basic earnings per share were 0.11 yuan, an increase of 281.14% over the same period last year; sales expenses decreased by 9.02% year-on-year, management expenses decreased by 12.55%, and financial expenses decreased by 81.54%.

CTOnews.com noted that revenue from smart phones and computer products of Lance Technology reached 16.135 billion yuan, up 1.34% from the same period last year; revenue from new energy vehicles and intelligent cockpit products reached 2.282 billion yuan, up 54.98% from the same period last year; and revenue from smart head display and smart wearable products reached 1.191 billion yuan, down 4.48% from the same period last year. The operating income of other intelligent terminal products reached 63 million yuan, a decrease of 31.04% over the same period last year.

By the end of the reporting period, Lance had obtained 2189 patents, including 389 invention patents, 1659 utility model patents, 141 design patents and 94 software copyrights.

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