Contact Us
No. 330, Hejia Road, Hejia Industrial Park, Gaoqiao, Yinzhou, Ningbo 315175, China.

Datang Telecom with CNY1.13 Billion Revenue and CNY366 Million Net Profit Loss in H1

Datang Telecom Technology Co., Ltd. (hereinafter referred to as: Datang Telecom) announces its 2018 semi-annual report. In the first half of the year, the company achieved CNY1.13 billion revenue with a year-on-year decrease of CNY1.728 billion, and gross profit margin increased by 9.25% year-on-year. The company’s net profit loss was CNY366 million, a year-on-year decrease of 13.64%.

According to the report, in the field of IC Design, Datang Microelectronics Social Security Chip manufacture increased by more than 11% year-on-year, with a market share of 40%; financial IC card chips and second-generation card chips were stably manufactured. The market share of Datang NXP lights regulator was stable at around 60%.

Datang Telecom expects that the company’s accumulated net profit will be achieved from January 1 to September 30, 2018.