Yijing Optoelectronics: the revenue in the first half was 4.365 billion yuan, and the net profit was 285 million yuan, an increase of 1106.64% over the same period last year.

CTOnews.com news on August 27, Yijing Optoelectronics released a half-year report of 2023, with operating income of 4.365 billion yuan in the first half of the year, an increase of 26% over the same period last year; net profit belonging to shareholders of listed companies was 285 million yuan, up 1106.64% from the same period last year; net profit now belonging to shareholders of listed companies after deducting non-recurring profits and losses was 322 million yuan; comprehensive gross profit margin was 14.45%.

CTOnews.com learned from the report that in the first half of the year, Yijing optoelectronic components shipped a cumulative 2358.30MW, an increase of 24.61% over the same period last year. Among them, overseas shipments of 1001.10MW increased by 2.64% over the same period last year, while domestic shipments of 1357.20MW increased by 47.97%.

The company's current business model of photovoltaic power station is holding operation, cooperative development, project general contract and photovoltaic system sales (components, inverters, cables, etc.) and other modes. In the first half of the year, the new industrial and commercial distributed power station project 11.8MW MagneEPC master contract project has been completed for acceptance of 6.5MW, has been started to be connected to the grid 13.9MW, to achieve photovoltaic system sales 27.5MW.

During the reporting period, the company completed the completion and acceptance of the Changzhou annual 5GW high-efficiency solar module project and reached full production, and the module production capacity was increased to 10GW; Chuzhou annual 10GW high-efficiency N-type TOPCon battery project is progressing in an orderly manner, is currently in the stage of installation, commissioning and capacity climbing, and is expected to achieve full production in the fourth quarter.