Gelonghui January 13th 丨Jicheng Electronics (002339.SZ) announced its 2022 annual performance forecast. The company expects net profit attributable to shareholders of listed companies to be a loss of 22 million yuan to 34 million yuan, a year-on-year loss of 24.98%-51.46%; the net profit after deducting non-recurring profit and loss is expected to be a loss of 38 million yuan to 50 million yuan, a year-on-year loss of 2.68%-26.03%.

Reasons for changes in performance:

1. During the reporting period, the company's revenue from power automation, utility automation, and information security businesses all increased, but due to the epidemic, the company's material procurement costs were still high. At the same time, labor costs increased rigidly. Operating gross margin was basically the same as last year, and after-sales expenses also showed a high increase.

2. During the reporting period, the company did not lose large amounts of investment.