Sustainable base business grew 23% year on year, and iFLYTEK stabilized the situation in 2022.
On the evening of April 20, iFLYTEK (SZ.002230) released its 2022 annual report. In 2022, iFLYTEK's revenue was 18.82 billion yuan, up 2.77 percent from the same period last year, and its gross profit was 7.684 billion yuan, up 2 percent from the same period last year. According to the announcement, Kodafi's sustainable base business grew by 23% in 2022, offsetting the impact of the postponement of large projects, and the company's revenue and gross profit increased slightly.
Earlier, at the presentation of iFLYTEK's 2022 annual report, iFLYTEK said that adherence to the two core strategies of base business and systematic innovation enabled the company to make the right choice in difficult times and stabilized the situation in the fourth quarter of 2022.
