On April 29, Foxconn Industrial Internet Co.Ltd(601138) ( Foxconn Industrial Internet Co.Ltd(601138) ) released the performance report for the first quarter of 2022. Under the macro environment of repeated epidemics, challenges to the supply chain and complex and changeable global economy and geopolitics, the company achieved contrarian growth in the first quarter, with an operating revenue of 105.1 billion yuan, a year-on-year increase of 6.79%; The non net profit attributable to the parent deduction was about 3.1 billion yuan, a year-on-year increase of 8.15%, and the revenue and profit reached a record high in the same period.
Foxconn Industrial Internet Co.Ltd(601138) said that as a demonstration sample enterprise of China’s digital economy industry, the digital economy has become the core engine driving the stable growth of the company’s performance, and promoted the continuous improvement of the profitability of the three main businesses of communication and mobile network equipment, cloud computing and industrial Internet. In particular, with the wave of digital transformation and the support of the concept of metauniverse, the cloud computing business has increased strongly and seized the cloud streamed gaming (CSG) market, Jointly develop the latest generation of cloud game computing cabinet with customers, with high growth potential. In addition, the highly resilient production and operation capacity is also an important magic weapon for Foxconn Industrial Internet Co.Ltd(601138) to continue to achieve contrarian growth. In mid March, according to the requirements of epidemic prevention in Shenzhen, the factory of Foxconn Industrial Internet Co.Ltd(601138) located in Shenzhen was temporarily shut down. Foxconn Industrial Internet Co.Ltd(601138) responded effectively through scientific epidemic prevention and capacity allocation, as well as the advantages of supply chain management in global layout, so as to minimize the impact of the epidemic and become a representative enterprise in Shenzhen during the anti epidemic period.
While the existing business maintains a good growth momentum, Foxconn Industrial Internet Co.Ltd(601138) continues to build new growth momentum. The data shows that since 2022, under the strategic guidance of “data driven and green development”, the Foxconn Industrial Internet Co.Ltd(601138) investment layout has significantly accelerated. In the first four months, the company’s foreign investment has exceeded 10 billion yuan, nearly four times the total investment in 2021. For future development, Foxconn Industrial Internet Co.Ltd(601138) management said that on the one hand, it will continue to dig deeply vertically and consolidate its leading position in the electronic information manufacturing industry. On the other hand, expand the industrial layout horizontally, firmly grasp the opportunities in the fields of semiconductors, new energy vehicles, metauniverse and industrial Internet, and create a second growth curve.
