Huati Technology, Huacan Optoelectronics, and Jufei Optoelectronics Release Q3 Reports

Huati Technology announced its Q3 performance report, stating that revenue for the first three quarters of 2020 was approximately RMB 522 million, a year-on-year (YoY) decrease of 0.62%; net profit attributable to shareholders of the listed company was approximately RMB 53.79 million, a year-on-year (YoY) decrease of 33.03%; basic earnings per share were RMB 0.3822, a year-on-year (YoY) decrease of 33.26%.

HC Semitek achieved revenue of RMB 1.812 billion in the first three quarters, a year-on-year (YoY) decrease of 7.83%; the net profit attributable to shareholders of the listed company was a loss of RMB 106 million, with the loss decreasing by 85.21% YoY, indicating a narrowing loss margin. In the third quarter, revenue reached RMB 743 million, a year-on-year (YoY) increase of 3.68%; net profit was RMB 5.6375 million, a significant year-on-year (YoY) increase of 103.09%.

Jufei Optoelectronics achieved revenue of RMB 1.69 billion in the first three quarters, a year-on-year (YoY) decrease of 8.62%; net profit attributable to shareholders of the listed company was RMB 230 million, a decrease of 9.20% compared to the same period last year. In the third quarter, revenue reached RMB 690 million, a year-on-year (YoY) decline of 1.88%; net profit was RMB 88.1707 million, a year-on-year (YoY) decrease of 18.39%.