Tony Tech(SH:603595)2023-11-17 07:41Financial Performance - In the first three quarters of 2023, the company's operating revenue was 135,906.80 million yuan, a decrease of 5.06% year-on-year [3] - The net profit attributable to shareholders of the listed company was -5,217.00 million yuan, a decline of 149.01% year-on-year [3] - In Q3 2023, the operating revenue was 58,192.01 million yuan [3] - The net profit attributable to shareholders in Q3 was 1,599.99 million yuan, marking a turnaround from losses [5] - The net profit excluding non-recurring gains and losses was -6,622.90 million yuan, down 181.02% year-on-year [3] - In Q3, the net profit excluding non-recurring gains and losses was 1,065.18 million yuan [3] Business Operations - The company’s consumer electronics business is primarily focused on international major clients [4] - The FPC business has direct clients such as CATL, with ongoing projects requiring audits from partners [4] - The tungsten wire project is currently in small batch production, with plans to ramp up production [4] Investor Engagement - The company actively engages with investors through various channels, including online meetings and performance briefings [2] - Questions from investors during the meeting included inquiries about partnerships with Huawei and the status of government subsidies for new materials [4][5] - The company confirmed that it has applied for relevant subsidies for mass production projects, which have been issued [5] - The overall capacity utilization rate improved in Q3 compared to the first half of 2023 [5]