Kangguan Technology: Net profit is expected to increase by 65.99%~70.13% in 2022

At noon on January 2, Kangguan Technology released its 2022 annual performance forecast. In 2022, Kangguan is expected to achieve a net profit attributable to shareholders of listed companies of 1.532 billion yuan to 1.570 billion yuan. , a year-on-year increase of 65.99%~70.13%; it is expected to achieve a net profit of 1.405 billion yuan to 1.445 billion yuan attributable to shareholders of listed companies after deducting non-recurring gains and losses, a year-on-year increase of 64.33%~69.03%.

Kangguan Technology stated that the main reasons for the company's performance growth are: the company's intelligent interactive display product business volume growth, smart TV business volume growth and average size increase, core raw material prices fell, gross profit margin increased compared with the same period last year; multiple innovative display products gradually increased volume, market feedback was good and other reasons.

According to data, Kangguan Technology is mainly engaged in intelligent display terminal products and was successfully listed on the main board of the Shenzhen Stock Exchange in March 2022. At present, Kangguan Technology mainly develops its business around smart TVs, intelligent interactive tablets, professional display products and innovative display products, and is expanding in the three display technology directions of LED backlight, MiniLED and OLED.

It is worth noting that in terms of professional display products, in 2022, KTC's own display brand KTC released a variety of MiniLED display products, including the 27-inch M27P20 Pro, M27T20, and the 32-inch M32P10. Each has 576 partitions, the number of LED beads ranges from 2304 to 4608, and the price ranges from 2999 yuan to 6499 yuan.