---
title: "Oriental Semi issued a profit warning, expecting a net profit of 32 million to 47 million yuan in 2024, a year-on-year decrease of 66.43% to 77.15%"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/225550299.md"
description: "Oriental Semi expects a net profit of 32 million to 47 million yuan in 2024, a year-on-year decrease of 66.43% to 77.15%. Affected by the uncertainty of global economic growth and intensified competition, the selling prices of the company's products have declined. Although the company has optimized its product mix and enhanced market expansion, leading to an increase in sales of main products, the decline in gross profit margin has resulted in weakened profitability"
datetime: "2025-01-20T11:57:03.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/225550299.md)
  - [en](https://longbridge.com/en/news/225550299.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/225550299.md)
---

# Oriental Semi issued a profit warning, expecting a net profit of 32 million to 47 million yuan in 2024, a year-on-year decrease of 66.43% to 77.15%

According to the announcement from Oriental Semi (688261.SH), the company expects to achieve a net profit attributable to the owners of the parent company of between 32 million and 47 million yuan for the year 2024. This represents a decrease of 93.025 million to 108.025 million yuan compared to the same period last year (statutory disclosure data), a year-on-year decline of 66.43% to 77.15%.

During the reporting period, affected by multiple factors such as uncertainty in global economic growth and intensified competition, the sales prices of the company's products decreased compared to the same period last year. At the same time, the company actively optimized its product mix strategy, upgraded its process platform, and continued to increase market expansion efforts. During the reporting period, the sales volume of the company's main product, high-voltage super junction MOSFETs, continued to rise year-on-year. The overall sales scale of the company also increased compared to the same period last year, but due to the decline in product sales prices, the company's gross profit margin decreased, resulting in a weakening of the company's profitability

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