On April 6, Shanghai Huace Navigation Technology Ltd(300627) released the performance forecast. It is estimated that the net profit from January to March 2022 will be 65 million yuan to 68 million yuan, with a year-on-year increase of 31.43% to 37.50%; Deduct non net profit of 49 million yuan to 52 million yuan, with a year-on-year increase of 39.62% to 48.17%.
During the reporting period, the company’s performance achieved good growth mainly due to three reasons: first, the application demand of the company’s business in various industries increased steadily, and the relevant equipment and system solutions achieved good growth, such as high-precision receiver intelligent equipment, real scene 3D equipment and solutions, marine surveying and mapping equipment, etc. Although the delivery of some orders was affected by the Shanghai epidemic, the company’s operating revenue still increased by more than 20% year-on-year in the first quarter of 2022; Second, the company continues to increase R & D investment, take into account long-term strategic layout investment and short-term market product strategy, constantly build and improve core technical barriers, improve the comprehensive competitiveness of intelligent equipment and system solutions, build the company’s brand influence and assist the rapid increase of market share of various industries; Third, the company insists on improving its organizational ability, transforming to digital, and gradually improving management efficiency and efficiency.
