Datang Telecom with CNY1.13 Billion Revenue and CNY366 Million Net Profit Loss in H1

Updated:2018/8/16 14:18

Datang Telecom Technology Co., Ltd. (hereinafter referred to as: Datang Telecom) announces its 2018 semi-annual report. In the first half of the year, the company achieved CNY1.13 billion revenue with a year-on-year decrease of CNY1.728 billion, and gross profit margin increased by 9.25% year-on-year. The company’s net profit loss was CNY366 million, a year-on-year decrease of 13.64%.

According to the report, in the field of IC Design, Datang Microelectronics Social Security Chip manufacture increased by more than 11% year-on-year, with a market share of 40%; financial IC card chips and second-generation card chips were stably manufactured. The market share of Datang NXP lights regulator was stable at around 60%.

Datang Telecom expects that the company’s accumulated net profit will be achieved from January 1 to September 30, 2018.

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