PuraMicro: Forecasts 70.58% YoY Drop in Net Profit for First Half
1 week ago / Read about 0 minute
Author:小编   

PuraMicro anticipates achieving revenues of approximately RMB 905 million in the first half of the year, marking a modest 1% year-on-year (YoY) increase. Conversely, net profit is projected to plummet to RMB 40 million, signifying a sharp 70.58% YoY decline. This substantial drop is primarily attributed to the sluggish recovery of the consumer market, resulting in decreased shipments of memory chips. Additionally, research and development (R&D), management, and sales expenses have risen notably on a YoY basis.