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

Thank you, Mr. Air, a netizen of CTOnews.com, for your clue delivery! CTOnews.com August 29 news, a few days ago, Gale shares released financial results for the first half of 2023, with total revenue of 45.173 billion yuan, an increase of 3.6% over the same period last year; net profit belonging to shareholders of listed companies was 422 million yuan, down 79.71% from the same period last year.

CTOnews.com learned from GE's financial report that the company's precision components revenue was 5.204 billion yuan, down 8.39% from the same period last year, and its gross profit margin was down 1.61%. Intelligent acoustics machine revenue was 9.254 billion yuan, down 24.99% from the same period last year, and gross profit margin was down 5.07%. Smart hardware revenue was 29.318 billion yuan, up 18.17% from the same period last year, and gross profit margin fell 6.92%.

At present, Gale's main products include precision components such as acoustics, optics, microelectronics and structural components, as well as smart hardware products such as TWS smart wireless headphones, VR virtual reality / AR augmented reality, smart wearable, smart home video game consoles and accessories, and smart home.

▲ Tuyuan Gore official website Gore shares said that the increase in revenue is due to the increase in sales revenue of the company's intelligent game consoles and other products during the reporting period. At the same time, the company pointed out that the terminal market demand of the global technology and consumer electronics industries shrank in the first half of the year, and the market performance of traditional and emerging smart hardware products was generally lower than expected.

Gale shares also said that the overall market demand for traditional and emerging smart hardware products was insufficient, and customer terminal sales were lower than expected, which had a negative impact on the company's revenue growth, capacity utilization, profitability and other aspects in the first half of the year, which in turn affected the company's operating performance.

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