BOE Technology A: Net profit in the first half of the year is expected to decline 88% -89% year on year

[Global Network Technology Comprehensive Report] On July 14, BOE Technology A released its performance forecast. It is expected that the net profit in the first half of the year will be 700 million to 800 million yuan, down 88% -89% year on year

[Global Network Technology Comprehensive Report] On July 14, BOE Technology A released its performance forecast. It is expected that the net profit in the first half of the year will be 700 million to 800 million yuan, down 88% -89% year on year.

The forecast shows that in the first half of the year, terminal consumer demand slowly recovered, and the semiconductor display industry gradually emerged from the trough under the leadership of the supply side, showing an upward trend. The company's profit situation after deducting non recurring gains and losses improved quarter by quarter in the first and second quarters, with revenue increasing month on month in the second quarter. The net profit after deducting non recurring gains and losses achieved profitability. Among them, considering the significant depreciation pressure and low price competition in the low-end market, the profitability of the company's AMOLED related business has improved, but it still continues to be under pressure.

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