Infineon expects net profit for the first three quarters to fall 11% to 40% year-on-year

On October 12, Infinex issued a performance forecast. The company expects the net profit attributable to shareholders of listed companies from January to September 2017 to be 27,744,900 to 41,154,900, a year-on-year change of -40.00% to -11.00%.

The company makes the above predictions for the following reasons:

1. During the reporting period in 2017, the company actively expanded its business, and the overall sales revenue continued to grow. However, due to the sharp increase in raw material prices and the impact of overseas market economic conditions and foreign exchange fluctuations, the proportion of income structure changed, resulting in comprehensive gross Interest rate levels have fallen compared to the same period last year.

2. In order to seek new business growth points, the company has accelerated the strategic pace of new energy vehicle and non-vehicle charging products and increased investment in research and development of new products.


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