招银国际指出，京东方精电上半年收入同比增长18%，高于市场预期，而净利润同比下降15%基本符合预期，主要受以下因素拖累：成都工厂和海外扩张导致费用增加，急单产生的费用，政府补助和外汇收益的减少。BOE Varitronix (00710) surged over 8% in the final trading session, as of the time of publication, up 7.71% to 4.61 Hong Kong dollars, with a turnover of 9.6266 million Hong Kong dollars.
According to the Zhitong Finance APP, BOE Varitronix (00710) surged over 8% in the final trading session, up 7.71% to 4.61 Hong Kong dollars as of the time of publication, with a turnover of 9.6266 million Hong Kong dollars.
On the news front, BOE Varitronix released its 2024 interim results, with earnings of 6.157 billion Hong Kong dollars, an 18% year-on-year increase; the company's net income attributable to shareholders was 0.172 billion Hong Kong dollars, a 15% year-on-year decrease. The revenue growth during the period was mainly driven by the sales increase of Thin Film Transistor (TFT) products, touch screen display modules, and automotive system products.
CICC pointed out that BOE Varitronix's first-half revenue increased by 18% year-on-year, exceeding market expectations, while the net income decreased by 15% year-on-year, mainly in line with expectations. This was primarily due to increased expenses from the Chengdu factory and overseas expansion, costs from urgent orders, and decreased government subsidies and forex gains.
The bank noted that despite higher expenses incurred by the company, they maintain a positive outlook due to improvements in gross margin and significant progress in overseas markets. Looking ahead to the second half of this year and 2025, we are bullish on the Chengdu factory's UTR/yield improvement, growth in high-end products, and accelerated overseas global strategy.
