Strong market demand for products Dongguan Yutong Optical Technology Co.Ltd(300790) 2021 net profit increased by 91% year on year

Dongguan Yutong Optical Technology Co.Ltd(300790) 3 issued the annual report for 2021 on March 27. During the reporting period, the company achieved an operating revenue of 20617389 million yuan, a year-on-year increase of 40.11%; The net profit attributable to shareholders of listed companies was 2426603 million yuan, a year-on-year increase of 91.44%.

In 2021, closely focusing on the development strategy and business objectives set at the beginning of the year, the company continued to focus on its main business, increased R & D investment, carried out various work in a solid and meticulous manner, and continuously improved the standard operation level. Its business performance showed a certain increase compared with the same period in 2020.

Benefiting from the high prosperity of downstream demand, the superposition company continues to promote the research and development of high-end products such as high magnification zoom, smart home, vehicle lens and machine vision lens. The strong market demand of the company’s products drives the growth of revenue; At the same time, with the release of project capacity invested in the early stage, the scale effect improves labor productivity and reduces costs.

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