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Suzhou Novosense Microelectronics' H1 Attributable Loss Widens
Half-year report for the year 2024.
Summary of Half-Year Report in 2024.
The product price is under pressure. Naxin Micro recorded a net loss of 0.265 billion yuan in the first half of the year, with a provision for inventory depreciation of approximately 36 million.
①The company stated that product prices are under pressure, and the gross margin has decreased compared to the same period last year; sales expenses and management expenses have increased year-on-year; in the reporting period, the amortized share-based payment expenses were 0.147 billion yuan. ②In the first half of 2024, the company's shipments in the automotive electronics field have reached 0.133 billion units. In addition, the company has achieved mass production and shipment in the European market.
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