Iflytek Co.Ltd(002230) : the net profit attributable to the parent company in Q1 in 2022 was 110 million yuan, a year-on-year decrease of 21.34%

Iflytek Co.Ltd(002230) announced that in the first quarter of 2022, the company achieved an operating revenue of 3.506 billion yuan, a year-on-year increase of 40.18%, and a net profit attributable to the parent company of 110 million yuan, a year-on-year decrease of 21.34%.

Iflytek Co.Ltd(002230) explained in the announcement that the net profit attributable to shareholders of Listed Companies in the first quarter of 2022 decreased by 21.34% year-on-year, mainly due to the recognized profit and loss of -154 million yuan of Cambricon Technologies Corporation Limited(688256) , Three'S Company Media Group Co.Ltd(605168) and others held by them in the first quarter due to changes in fair value caused by stock price fluctuations.

The announcement shows that as of December 31, 2021, the number of developers gathered on iFLYTEK open platform has reached 2.93 million, and the number of platform applications has exceeded 1.37 million.

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