Earnings Call Summary | Viomi Technology(VIOT.US) Q4 2023 Earnings Conference
Earnings Call Summary | Viomi Technology(VIOT.US) Q4 2023 Earnings Conference
The following is a summary of the Viomi Technology Co., Ltd (VIOT) Q4 2023 Earnings Call Transcript:
以下是Viomi科技有限公司（VIOT）2023年第四季度業績電話會議記錄摘要：
Financial Performance:
財務業績：
Viomi reported Q4 2023 net revenues of RMB1,189 million, down from RMB1,596.4 million for the same period in 2022.
The company increased its gross profit margin to 23.8% in Q4 2023, up from 1.6% in the second half of 2022.
Operating expenses fell by 33.4% to RMB344.3 million, with net loss attributable to ordinary shareholders decreasing by 84% to RMB28.7 million, reflecting improved operational efficiency.
Viomi公佈的2023年第四季度淨收入爲人民幣11.89億元，低於2022年同期的人民幣15.964億元。
該公司將其毛利率從2022年下半年的1.6％提高到2023年第四季度的23.8％。
運營支出下降了33.4％，至人民幣3.443億元，歸屬於普通股股東的淨虧損下降了84％，至人民幣2870萬元，反映了運營效率的提高。
Business Progress:
業務進展：
Viomi increased revenue contribution from home water solutions and consumable products by optimizing the product mix, resulting in a higher contribution of 36.8% compared to 32.2% year-on-year.
The company successfully reorganized its business structure, creating two major business units, AI Water and AIoT@Home.
Viomi expanded both offline and online distribution networks and made strides in overseas market expansion.
The company launched the IoT Technology Park and applied for over 1,300 patents in the field of water purification, additionally unveiling new products like the Alpha X and the Master 3 MAX intelligent door lock.
Viomi通過優化產品組合，增加了家用水解決方案和消耗品的收入貢獻，同比增長了36.8％，高於32.2％。
該公司成功重組了業務結構，創建了兩個主要業務部門，AI Water 和 AIoT @Home。
Viomi擴展了線下和在線分銷網絡，並在海外市場擴張方面取得了長足的進步。
該公司推出了物聯網技術園，並在淨水領域申請了1300多項專利，此外還推出了Alpha X和Master 3 MAX智能門鎖等新產品。
More details: Viomi Technology IR
更多詳情： Viomi 科技 IR
Tips: For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.
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譯文內容由第三人軟體翻譯。