Technology Author: EqualOcean News, Yiru Qian Nov 01, 2021 06:06 PM (GMT+8)

For the first three quarters, the domestic revenue increased by 24.7% and the overseas revenue increased by 15.51% compared with the same period last year.

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According to Ofilm's financial results for the first three quarters of 2021:

- The operating income was CNY 17,198 million, down 53.59% compared with the same period last year.

- The net loss was CNY 40,387.1 million, compared with a net profit of CNY 739 million in the same period last year.

- The company's operating income decreased by 59.86% to CNY5,456 million in Q3, while its net loss was CNY 74.284 million, compared with a profit of CNY 237 million in the same period last year.

- The operating costs were CNY 15.33 billion in Q3, showing a downward trend by 53.7%. During the reporting period, the company's expense rate was 12%, increasing 4.8 % from the previous year.

Oflim's previous announcement showed that shipments of products related to Apple dropped by 100% to zero in Q3, as a result of the company's termination of its purchasing relationship. And the shipments of several of its products fell sharply as some customers' smartphone businesses were constrained by restrictions such as chip outages.

In August 2010, Oflim was listed on the Shanghai Stock Exchange. As of the close of trading on October 29, 2021, the company's share price was up 3.6% year-on-year to USD 7.48, with a market capitalisation of USD 24.4 billion in total.

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