Secretary, please tell me why the company's gross profit margin of interior and exterior trims has dropped by more than one percentage point? Why are both hot-processed parts and electronic and electrical components losing money? When will it be expected to start making a profit?

2023-08-31 08:19
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HUAYU AUTOMOBILE: In the first half of 2023, the fluctuation of gross profit margin of the company's interior and exterior trim segment was mainly affected by factors such as sales price, product structure, and material price. In the first half of 2023, the electronic and electrical components segment achieved a net profit of -33 million yuan attributable to the parent company, mainly due to the fact that the electric drive-related business, which accounts for a large proportion of the business, is still in the investment period; the hot-processed parts segment achieved a net profit of -13 million yuan attributable to the parent company, mainly due to the decline in customer demand. The company will increase its efforts in market development, product structure adjustment, cost reduction and efficiency improvement, and strive to improve the operating performance of the above-mentioned segments.