Tonghuashun (300033) Financial Research Center, April 28zyngacryptoSome investors asked Vision Source (002841)(002841) why the company's operating income increased in the first quarter, but why did profit margins decline so muchzyngacrypto? Are there any solutions?zyngacrypto?
The company replied, Dear Investor: Hello! The company's revenue growth in the first quarter of 2024 was mainly due to the rapid development of overseas business and household electrical appliances business. In addition, the TV card and other component business also achieved significant results.zyngacryptoGood year-on-year growth. The year-on-year decline in the company's gross profit margin in the first quarter of 2024 was mainly due to the year-on-year decline in the gross profit margin of interactive smart tablet products. The company has actively deployed a new generation of education and conference interactive smart tablet products. Among them, the mid-to-high-end models will help increase the added value of the product, and the basic style will also be optimized on the cost side. At the same time, the company continues to promote cost reduction and fee control across the value chain, alleviating the impact of rising raw material prices through in-depth cooperation with core suppliers and strategic stocking. The company's gross profit margin is expected to stabilize in the second quarter. Thanks for your attention!
