BackQisda’s revenue in September reached 19.757 billion yuan, a new monthly high in the past four years
Qisda’s revenue in September reached 19.757 billion yuan, a new monthly high in the past four years
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自由时报44 minutes agoBusiness2 min readChinaView original

Qisda’s revenue in September reached 19.757 billion yuan, a new monthly high in the past four years

AI layout continues to ferment, Qisda’s revenue in September increased by 5.01% month-on-month and 8.34% year-on-year

Quick Look

  • Qisda announced that its consolidated revenue in September reached 19.757 billion yuan, a new monthly high in the past four years, with a monthly increase of 5.01% and an annual increase of 8.34%.
  • Benefiting from the growth of its three major businesses: AI infrastructure, AI solutions and smart manufacturing, and AI medical and health care, the company is optimistic about its operations in the second half of the year and expects to ship new AI products in the fourth quarter.

AI-generated summary

Why It Matters

Qisda continues to deploy in three major areas: AI infrastructure, AI solutions and smart manufacturing, and AI medical and health care. The company's chairman Chen Qihong previously expressed optimism about the company's operating performance in the second half of the year at a press conference.

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AI layout continues to ferment, Qisda (2352) revenue performance continues to heat up. Qisda announced today that its consolidated revenue in September was 19.757 billion yuan, a new monthly high in the past four years, with a monthly increase of 5.01% and an annual increase of 8.34%, showing double growth in revenue.

Cumulative third-quarter consolidated revenue reached 56.757 billion yuan, a quarterly increase of 7.66%; consolidated revenue in the first nine months of this year was 161.035 billion yuan, an increase of 3.40% over the same period last year. Driven by AI-related businesses, revenue has gradually increased.

Qisda stated that the revenue growth in September mainly came from the three major business areas of "AI infrastructure", "AI solutions and smart manufacturing" and "AI medical and health care". Among them, the revenue of the three major businesses all showed double-digit growth compared with the same period last year, indicating that the AI ​​layout continues to ferment.

Qisida Chairman Chen Qihong expressed his optimistic view on operations in the second half of the year at the legal representative briefing in August. He said that in the past, the information and communication industry's revenue and profits in the second half of the year were usually higher than those in the first half. Judging from the current order visibility, this trend is expected to continue this year. It is expected that the third quarter's revenue and profits will have the opportunity to be better than the second quarter.

Looking forward to the fourth quarter, Chen Qihong said that he expects new AI products to be shipped in small quantities one after another, accelerating the company's transition into the new track of AI and high-end computing, and adding momentum to subsequent operational growth.

What to Watch

AI outlook — possibilities, not facts

  • New AI products will begin shipping in small quantities in the fourth quarter

    Likely · Within months

Open Questions

  • What are the specific shipments of new AI products in the fourth quarter?
  • What is the specific contribution of AI business to gross profit margin?

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This article was originally published by 自由时报.

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