Leyard: Net profit attributable to parent company fell 30.38% year-on-year in the third quarter, and new Micro LED orders were approximately 300 million yuan

Leyard announced on October 21 that revenue in the first three quarters of 2022 was 5.773 billion yuan, a year-on-year decrease of 1.05%; net profit attributable to the parent company was 432 million yuan, a year-on-year decrease of 17.07%. Among them, revenue in the third quarter was 2.071 billion yuan, a year-on-year decrease of 7.25%; net profit attributable to the parent company was 164 million yuan, a year-on-year decrease of 30.38%.

As of October 17, MicroLED has signed new orders of approximately 300 million yuan; of which the black diamond series company officially went into production in September and began shipping in October. Black diamond orders have reached 40 million yuan as of October 17. During the reporting period, the smart display segment’s revenue accounted for more than 85%, a year-on-year increase of 8.47%; virtual reality revenue increased by 23.17% year-on-year; and the cultural tourism night tour segment decreased by 46.61% year-on-year.