Iflytek: Net profit of 2020 about 1.364 billion yuan, an increase of 66.48% YoY

NBD AI Bulletin - Iflytek Co., Ltd. (the Company, SZ 002230, close price: 47.99 yuan) released the 2020 annual results briefings on April 7. Total operating income for the year was approximately 13.025 billion yuan, an increase of 29.23% year over year. Net profit attributable to shareholders of the listed company was about 1.364 billion yuan, an increase of 66.48% from a year ago. Basic earnings was 0.65 yuan per share, up 62.5% from the previous year.

According to the semi-annual report of 2020, Iflytek Co., Ltd. mainly engages in software and information technology services, education and teaching, accounting for 97.66% and 1.85% of its revenue, respectively.

Iflytek Co., Ltd.'s general manager and chairman is Liu Qingfeng, male, 48 years old, PhD, part-time professor and PhD supervisor of University of Science and Technology of China. The president of Iflytek is Wu Xiaoru, male, 49 years old, doctor of electrical engineering of University of Science and Technology of China, senior engineer.

Tips on "Stock Trends":

1. The number of shares held by northbound investors decreased by 39.3672 million in the past 30 days, accounting for 1.94% of its circulating shares. 

2. There was no institutional research on the Company in the past 30 days. 

(By Lan Suying)

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