Eoptolink published 2023 annual results report
In 2023,reported revenves was RMB 3097.606 million,compared to revenues 2022 of RMB 3310.574 million decreased 6.43%.The Eoptolink's Phase One factory in Thailand has officially commenced operations, while Phase Two of the factory is currently accelerating its construction, with an expected completion and commencement of production within 2024.
In 2023,reported net profit was RMB 688.361 million,compared to net profit 2022 of RMB 903.581 million. 2023 gross margin was 30.98%, 2022 gross margin was 36.66%.
|
RMB mil |
2023 |
2022 |
Change |
|
Revenues |
3097.606 |
3310.574 |
-6.43% |
|
Reserach and Development expenses |
133.775 |
187.241 |
-28.56% |
|
Gross margin % |
30.98% |
36.66% |
-5.68% |
|
Net Profit |
688.361 |
903.581 |
-23.82% |
|
EPS （RMB） |
0.97 |
1.79 |
-23.62% |
Eoptolink’s Point to point Optical Module reported revenues was RMB 3031.447 million ,compared to revenues 2022 of RMB 3248.487 million decreased 6.68% .The company’s PON optical module revenues decreased 76.05%. Component and others productions revenues growth 67.42%.
|
Segment Details (RMB mil) |
2023 |
2022 |
Change |
|
Point to point Optical Module |
3031.447 |
3248.487 |
-6.68% |
|
PON Optical Module |
6.307 |
26.338 |
-76.05% |
|
Component and Others |
59.851 |
35.749 |
67.42% |
By region,2023 Eoptolink’s domestic revenues was RMB 503.326 million,Outside of domestic revenues was RMB 2594.28 million.
About Eoptolink
Eoptolink Technology Inc., Ltd. (SZSE: 300502) is a leading designer and manufacturer of advanced optical transceiver modules and subsystems high-speed communications networks. Eoptolink’s technology enables it to deliver the increased performance, reliability and power efficiency for products that address the highest speed over distance applications and at data rates including 10~100G, 200G, 400G, and 800G per second rates on a single/multiple wavelengths for cloud, data center and telecom networks.
