Fudan Microelectronics: Net profit for first three quarters expected between 950 million and 1.15 billion yuan, up 187.63% to 248.18%

According to 36Kr, Fudan Microelectronics announced that its net profit attributable to the parent company for the first three quarters is expected to be between 950 million and 1.15 billion yuan, representing a year-on-year increase of 187.63% to 248.18%. The change in performance is mainly due to the company's commitment to technological innovation and product iteration driving revenue growth and optimizing its product structure; an upturn in industry sentiment and increased downstream customer demand leading to growth in revenue and comprehensive gross margin across all product lines; a significant decrease in inventory impairment losses compared to the same period last year; and an increase in gains from fair value changes of listed company shares held through strategic placement.