On the evening of October 26, INNOVER Laser released its financial results for the third quarter of 2022. The financial report shows that the operating income of INNOVER Laser in the first three quarters of 2022 is 241 million yuan, down 18.01% year on year; The net profit attributable to shareholders of the listed company was about 22.9108 million yuan, down 65.44% year on year; On the other hand, the net cash flow from operating activities reached 97.0211 million yuan. Basic EPS is about 0.15.
In the third quarter, the revenue in a single quarter was 71.07 million yuan, a year-on-year decrease of 22.23%, and the net profit attributable to shareholders of the listed company was about - 3.7123 million yuan, a year-on-year decrease of 114.37%. Basic EPS is about 0.024.
InnoLaser was founded on November 30, 2011 and listed in Shenzhen Stock Exchange on July 6, 2021. It is mainly engaged in the R&D, production and sales of lasers and embedded laser modules. Its products can be used in consumer electronics, 3D printing, biomedical, chip manufacturing and other fields.
At present, the market value of INNOVER Laser is about 4.8 billion yuan. The company focuses on the two major areas of "industrial application" and "biomedical application", and continues to expand the incremental market and explore structural growth opportunities. For future development, the company plans to rely on the project of "Energy Saving and Emission Reduction Application Research Institute" in the new energy field, focus on the needs of laser processing in the new energy industry, give play to the technical accumulation of ultra fast lasers in the integration of "light source, optics and technology", and accelerate the research and development of related core processes and products.
In the field of biomedical applications, in recent years, Inno Laser Technology Co., Ltd. has made efforts to promote high-end medical and health industry, based on advanced laser technology and micro processing solutions, incubated high-value medical equipment and manufacturing business, developed new laser micro welding special equipment, and achieved a certain scale of operating income.
Source: OFweek
