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The demand for display driver chips combined with electronic price tag chips is increasing, and Tiandeyu's net profit for 2024 is expected to increase by 143.77%.
① Tiande Yu stated that the main reason for the growth in performance this period is the good growth of the display driver chips and electronic price tag driver chips Business; ② The World Semiconductor Trade Statistics organization (WSTS) estimates that the total Global sales of Semiconductors will exceed 600 billion USD in 2024, and the Industry is expected to maintain a growth rate of over 10% in 2025.
Tian Deyu: Shenzhen Tiandeyu Technology Co., Ltd. 2024 annual results forecast
Shenzhen Tiandeyu Technology Co., Ltd. 2024 annual results forecast
Tiande Yu (688252.SH): Net profit is expected to increase by approximately 143.77% in 2024.
On January 21, Glonghui announced that Tiande Yu (688252.SH) predicted an annual performance increase for 2024, expecting to achieve revenue of 2,101.9727 million yuan, an increase of approximately 73.88% year-on-year. It is anticipated that the net income attributable to the parent company's owners will be 275.056 million yuan, an increase of approximately 143.77% year-on-year. It is expected that the net income attributable to the parent company's owners, after deducting non-recurring gains and losses, will be 247.5646 million yuan, an increase of approximately 145.48% year-on-year. The main reasons for this period's performance growth are the two businesses of display driver chips and electronic price tag driver chips.
Gelonghui announcement summary | Dong-E-E-Jiao: Net income for the fiscal year 2024 is expected to increase by 30%-39%; China National Software & Service: Expected loss of 0.39 billion yuan to 0.465 billion yuan for the year 2024.
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