Liant Technology’s revenue in the first half of the year fell by 28.65% and net profit fell by 51.81%
25 Feb 2024
"Wuhan Lianke Technology Co., Ltd.," a company touted in the capital market as a concept stock in the field of optical modules, released its semi-annual performance report for 2023 yesterday evening.
According to the report, Lianke Technology achieved a revenue of 299 million yuan in the first half of the year, marking a decrease of 28.65% compared to the same period last year. Its net profit was 29.33 million yuan, down by 51.81% year-on-year. After deducting non-recurring gains and losses, the net profit stood at 22.05 million yuan, reflecting a decrease of 61.97% compared to the same period last year.
Looking at the product breakdown, Lianke Technology manufactured 1.19 million optical modules and sold 1.21 million optical modules in the first half of the year. In comparison, during the same period last year, it produced 1.6 million optical modules and sold 1.45 million units.
Digging deeper into the specifics, the sales volume of optical modules with a speed of 10G or higher amounted to 400,000 units, generating a revenue of 198 million yuan, down by 30.64% year-on-year. Meanwhile, the revenue from optical modules with a speed below 10G was 47.66 million yuan, marking a decrease of 20.17% compared to the same period last year.
The report highlights that in the first half of 2023, with ChatGPT leading the new trend of AI, the optical module market's development has accelerated. Against the backdrop of rapidly increasing demand for computing power, it is also fostering a new round of technological innovation, driving the optical module industry towards higher speed, integration, and intelligence.
According to the report, Lianke Technology achieved a revenue of 299 million yuan in the first half of the year, marking a decrease of 28.65% compared to the same period last year. Its net profit was 29.33 million yuan, down by 51.81% year-on-year. After deducting non-recurring gains and losses, the net profit stood at 22.05 million yuan, reflecting a decrease of 61.97% compared to the same period last year.
Looking at the product breakdown, Lianke Technology manufactured 1.19 million optical modules and sold 1.21 million optical modules in the first half of the year. In comparison, during the same period last year, it produced 1.6 million optical modules and sold 1.45 million units.
Digging deeper into the specifics, the sales volume of optical modules with a speed of 10G or higher amounted to 400,000 units, generating a revenue of 198 million yuan, down by 30.64% year-on-year. Meanwhile, the revenue from optical modules with a speed below 10G was 47.66 million yuan, marking a decrease of 20.17% compared to the same period last year.
The report highlights that in the first half of 2023, with ChatGPT leading the new trend of AI, the optical module market's development has accelerated. Against the backdrop of rapidly increasing demand for computing power, it is also fostering a new round of technological innovation, driving the optical module industry towards higher speed, integration, and intelligence.