Nanda Optoelectronics expects profit of 200-220 million yuan in the first three quarters

Nanda Optoelectronics is a high-tech enterprise engaged in the production, R&D and sales of advanced electronic materials. Its products are widely used in the production and manufacturing of integrated circuits, flat panel displays, LEDs, third-generation semiconductors, photovoltaics and semiconductor lasers.
Recently, Nanda Optoelectronics released its performance forecast for the first three quarters of 2022. During the reporting period, the net profit attributable to shareholders of listed companies was 200-220 million yuan, a year-on-year increase of 61.30%-77.43%.
Regarding the performance changes during the reporting period, Nanda Optoelectronics explained the following four main reasons:




First, the company actively responded to the adverse effects of the slowdown in macroeconomic growth and increasing downward pressure on the market, and its main operating income and net profit attributable to the parent continued to grow rapidly.
Second, the company actively improves product quality and expands the market. While improving the business stickiness of existing customers, it develops new market applications in the third-generation semiconductor, IC and photovoltaic fields through research and development of new products and technological innovations to meet customer product iteration needs, resulting in steady growth in sales of MO sources and hydrogen electronic special gas products.
Third, the company has further consolidated its cost and production capacity advantages through the newly added nitrogen trifluoride production capacity in the Ulanqab "Experimental Field", strengthened the synergy with group customers, stabilized existing market share, actively developed new customers, and expanded incremental market share. The sales revenue and gross profit of fluorine-containing electronic special gases increased significantly compared with the same period last year, in order to strengthen and expand fluorine-containing electronics.Sub-materials lay a solid foundation.

Fourth, the impact of non-recurring gains and losses on net profit is expected to be approximately 41 million yuan, mainly due to recognized government subsidy income.