zhongji innolight (300308.SZ) disclosed its semi-annual report for 2024, and the company achieved revenue of RMB 1...
Zhongji Innolight (300308.SZ) disclosed its semi-annual report for 2024, with operating income of RMB 10.799 billion, a year-on-year increase of 169.70%. The net income attributable to shareholders of the listed company was RMB 2.358 billion, a year-on-year increase of 284.26%. The net income attributable to shareholders of the listed company after deducting non-recurring gains and losses was RMB 2.333 billion, a year-on-year increase of 300.07%. The basic earnings per share was RMB 3.03 per share.
During the reporting period, key customers further increased capital expenditures and invested heavily in computational infrastructure. The demand for 400G and 800G optical modules has grown significantly, accelerating the technological iteration of optical modules to speeds of 800G and above. During the reporting period, due to the rapid increase in the proportion of high-end product shipments such as 400G and 800G, as well as continuous cost reduction and efficiency improvement, the company's product revenue, gross margin, and net profit margin have been further improved.
During the reporting period, the company continued to advance the progress of the fund-raising projects, such as the construction project of the 'Suzhou Zhongji Innolight Optical Module Business Headquarters and R&D Center' and the 'Tongling Zhongji Innolight High-end Optical Module Production Base Project'. Among them, the 'Tongling Zhongji Innolight High-end Optical Module Production Base Project' has been completed and finalized.