Ultrasonics indicated that in 2017, the company had full orders throughout the year, and the product structure optimization effect was significant. The main business maintained a good momentum of development. Operating income and net profit achieved steady growth. The operating income for the year was 4,333,127,016.08 yuan, an increase of 22.66% year-on-year. The profit was RMB 287,928,513.57, up 14.97% year-on-year; the net profit attributable to the shareholders of the listed company was RMB 191,908,277.74, which was a year-on-year increase of 2.50%.
However, in the first quarter of this year, the revenue from ultrasound electronics revenue declined sharply. Ultrasonic Electronics announced on the same day that the company expects the net profit attributable to shareholders of listed companies from January to March of 2018 will be 564,900 to 5,648,900, a year-on-year change of -99.00%. -90.00%, Average net profit growth rate for semiconductor and components industry is 26.85%.
Ultrasonic Electronics stated that the company made the above prediction based on the following reasons: Due to the large fluctuation in the exchange rate of the US dollar against the RMB during the reporting period, the company’s exchange loss has increased significantly compared to the same period of last year, causing the company’s overall profitability to decline.