The company has been losing money every year. The output value in the first quarter has increased significantly, but it is still losing money. How much output value should be required to break even? Are the profits of the silicon carbide controllers supplied by the company to Europe and the three-in-one electric drive systems supplied to North America higher than those in China, and not as fierce?

2024-06-18 08:49
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Jingjin Electric-UW: Dear investors, hello! The company achieved revenue of 275 million yuan in the first quarter of 2024, a year-on-year increase of 54.42%. As the company is in a stage of rapid development, the investment in various aspects such as investment, market expansion and infrastructure construction is large, resulting in a corresponding increase in costs. In the future, the company will continue to optimize business management, do a good job in cost control, improve capacity utilization, and strive to achieve a break-even as soon as possible. Regarding the profitability of the company's overseas business, please refer to the disclosure of the company's regular reports. Thank you for your attention to the company.