After eating the DDR5 iterative dividend, Lan Qi Technology's net profit of 1.299 billion yuan in 2022 rose by 56.71%.

CTOnews.com February 21 news, Lan Qi Technology today released the 2022 results KuaiBao announcement, 2022 revenue of 3.672 billion yuan, an increase of 43.33%; return to the mother net profit of 1.299 billion yuan, an increase of 56.71%.

Lan Qi Technology said that in the DDR5 generation, with the improvement of technical difficulty, the value of the memory interface chip is significantly higher than that of the DDR4 generation. At the same time, a number of supporting chips have been added to the memory module to further increase the market scale of the industry. As an industry leader, with its technological leadership and competitive advantage, the company benefited from the growth dividend brought about by the iterative upgrade from DDR4 to DDR5 in the memory module market, resulting in significant growth in business performance in 2022.

Interconnection chip product line, DDR5 memory interface and module supporting chip shipments increased, promoting product line sales revenue increased significantly compared with the same period last year. The sales revenue of the interconnection chip product line reached 2.735 billion yuan in 2022, an increase of 59.30% over the previous year, with a gross profit margin of 58.72%.

In terms of the product line of the CTOnews.com server platform, the CPU business continues to expand, and the sales revenue of the product line is growing steadily. The product line of Jinnao server platform achieved sales revenue of 937 million yuan in 2022, an increase of 10.80% over the previous year, with a gross profit margin of 10.54%.

In 2022, the cost of scientific and technological R & D was 563 million yuan, an increase of 52.36% over the same period last year, and R & D expenses accounted for 15.34% of business income.