Driver IC manufacturer Duntai (3545-TW) today (28) announced self-settlement, due to the sharp increase in operating expenses in the second quarter to 1.1 billion yuan, eroding part of the profit, affecting the net profit following tax to only 90 million yuan, a quarterly decrease of 87.66%, an annual decrease of 95.73%, per share The net profit following tax was 0.45 yuan, the lowest level in the past two years.
In the second quarter, Duntai’s revenue was 3.327 billion yuan, a quarterly decrease of 14.53%, a yearly decrease of 42.36%, a gross profit margin of 33.87%, a quarterly decrease of 5.73 percentage points, a yearly decrease of 16.5 percentage points, a profit rate of 0.66%, a quarterly decrease of 16.62 percentage points, Year-on-year decrease of 34.66%, following-tax net profit was 90 million yuan, a quarterly decrease of 87.66%, an annual decrease of 95.73%, and following-tax net profit per share of 0.45 yuan.
In the first half of the year, Duntai’s revenue was 7.22 billion yuan, an annual decrease of 28.68%, a gross profit margin of 36.96%, an annual decrease of 7.86 percentage points, a profit rate of 9.63%, an annual decrease of 19.68 percentage points, and an following-tax net profit of 819 million yuan, an annual decrease of 72.26%. After-tax net profit per share was 4.02 yuan.
Looking forward to the market outlook, due to severe global inflation and weak terminal consumption, the panel industry will be rapidly cooled, which will also affect the drive IC inventory level to rise, and will also face downward pressure on price and volume. Announce the latest outlook.
