Lens Technology Co.Ltd(300433) : loss of 411 million yuan in the first quarter, year-on-year loss

Lens Technology Co.Ltd(300433) ( Lens Technology Co.Ltd(300433) ) disclosed the first quarter report on April 22. During the reporting period, the company achieved an operating revenue of 9.334 billion yuan, a year-on-year decrease of 22.15%; The net profit loss was 411 million yuan, with a profit of 1.206 billion yuan in the same period last year. During the reporting period, affected by macroeconomic fluctuations, epidemic and other comprehensive factors, the end market demand of some customers decreased, the company’s operating revenue decreased year-on-year and the benefits decreased; Affected by the New Coronavirus epidemic, it has a certain impact on product delivery, logistics costs, procurement costs, epidemic prevention expenditures and related expenses control. Dongguan Lansi Park was shut down for about three weeks due to epidemic prevention control.

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