Inventec held a law talks meeting yesterday (27th). In the fourth quarter of last year, the revenue was 133.677 billion yuan, a 7% quarter-on-quarter increase, an increase of 17% year-on-year, after-tax net income of 1.825 billion yuan, quarterly reduction of 21.5%, per share The net profit was 0.51 yuan, and the gross profit margin decreased from 5.5% in the first three quarters of last year to 5% in the fourth quarter. The chief financial officer, Jinjin Jin, said that it was mainly the result of product mix changes and price competition.
Looking forward this year, Inventec general manager Wu Yongcai stated that the establishment of an artificial intelligence (AI) and 5G R&D center was established internally. Hundreds of personnel have been recruited, mainly demand for customer products, and hardware functions of AI and 5G are required. Get ready for your customers and grow with your new products.