Loongson Accelerates R&D Efforts: Octa-core Performance Rivals Intel Core i13 Amidst 2024 Net Loss of 619 Million Yuan
2025-01-18 / Read about 0 minute
Author:小编   

Loongson Technology has unveiled its performance outlook, projecting that the company's total operating revenue for the full year 2024 will hover around 506 million yuan, maintaining stability compared to the previous year. Nonetheless, the net profit attributable to the parent company's shareholders is anticipated to be -619 million yuan, marking a year-on-year decline of 87.89%. During the reporting period, the company witnessed a marginal decline in its gross profit margin, a reduction in non-recurring profits and losses, and an increase in asset impairment losses, collectively contributing to a substantial dip in net profit.