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On October 26, Lansi Technology stated in the latest disclosure of investor relations activity records that in the third quarter, the company achieved operating income of 19.035 billion yuan, a year-on-year decrease of 8.05%; net profit to mother was 843 million yuan, down 50.42% from the same period last year. Mainly because the same period last year benefited from continuous sales of new products from customers, the company created the highest revenue and profit base in history for a single quarter. However, in the fall of this year, customers adjusted the product matrix, and the pace of release was also adjusted, leading to a backward shift in the pace of some production and revenue confirmation. Lansi Technology said that although the first three quarters of this year were affected by factors such as exchange rate fluctuations, changes in terminal demand, and adjustments in the pace of customer new product launches, and performance was phased under pressure, not only did the company's core competitiveness and long-term growth logic not change, but were even stronger. As related adverse factors gradually weaken, a new customer innovation cycle begins, and the new businesses laid out in the early stages enter the mass production phase one after another, the company remains optimistic about operating improvements in the next few quarters and next year.
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On October 26, Lansi Technology stated in the latest disclosure of investor relations activity records that in the third quarter, the company achieved operating income of 19.035 billion yuan, a year-on-year decrease of 8.05%; net profit to mother was 843 million yuan, down 50.42% from the same period last year. Mainly because the same period last year benefited from continuous sales of new products from customers, the company created the highest revenue and profit base in history for a single quarter. However, in the fall of this year, customers adjusted the product matrix, and the pace of release was also adjusted, leading to a backward shift in the pace of some production and revenue confirmation. Lansi Technology said that although the first three quarters of this year were affected by factors such as exchange rate fluctuations, changes in terminal demand, and adjustments in the pace of customer new product launches, and performance was phased under pressure, the company's core competitiveness and long-term growth logic were not only unchanged, but even stronger. As related adverse factors gradually weaken, a new customer innovation cycle begins, and the new businesses laid out in the early stages enter the mass production phase one after another, the company remains optimistic about operating improvements in the next few quarters and next year.
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