Gelonghui, Feb. 23: Delong Laser (688170.SH) announced the 2023 Annual Results Report. During the reporting period, the company achieved total operating revenue of 582 million yuan, an increase of 2.35%; net profit attributable to owners of the parent company was 39.32 million yuan, a year-on-year decrease of 41.69%; net profit attributable to owners of the parent company after deducting non-recurring profit and loss was 27.0879 million yuan, down 47.46% from the same period last year.
The company has continued to increase R&D investment in the past two years, and has successfully developed a number of new products and technologies in the field of semiconductors and new energy sources. Benefiting from the continuous launch of various new products such as silicon carbide crystal laser slicing equipment, microLED massive transfer equipment, perovskite thin-film solar cell laser processing equipment, and advanced packaging-related laser processing equipment, the company's order growth rate in 2023 is remarkable. However, due to factors such as the long inspection cycle of new products and the macro environment, the company's revenue growth slowed during the reporting period, while R&D expenses increased significantly year-on-year, and the gross margin level decreased, which affected current profit.