Weil shares announced that the net profit in the first three quarters was 1.727 billion yuan, a year-on-year increase of 1177.75%; the non-net profit deducted was 1.586 billion yuan, a year-on-year increase of 2471.08%. The company stated that the change in performance during the reporting period was mainly due to the increase in sales.
Weir is a leading consumer analog chip leader in China. Its image sensor business ranks among the top three in the world and the first in China. Downstream customers include HOVM for mobile phones, Audi/Benz for automobiles, and Hikvision/Dahua for security.
The latest report released by CITIC Securities pointed out that the core of Weir shares is focused on the optical track, and the medium and short-term mobile phone innovation continues + domestic substitution + technological breakthroughs.