<strike id="gegfc"><dl id="gegfc"></dl></strike>
<sub id="gegfc"></sub>

    <mark id="gegfc"></mark>

      AI firm iFlytek earnings up 22 pct in H1

      Source: Xinhua| 2018-08-14 17:28:27|Editor: Li Xia
      Video PlayerClose

      BEIJING, Aug. 14 (Xinhua) -- China's major artificial intelligence (AI) company iFlytek reported rising net profit in the first half of the year with surging revenue, data showed.

      In H1, the company's net profit reached 131 million yuan (about 19 million U.S. dollars), an increase of 21.74 percent year on year, the company said in a report with the Shenzhen Stock Exchange.

      Total revenue surged 52.68 percent year on year to 3.21 billion yuan.

      The increase in earnings was mainly due to non-recurring gain, which jumped 288.52 percent year on year. The gain was partly a result of government subsidies, which aimed to foster the fledgling AI industry.

      Excluding the non-recurring items, the company's net profit slumped by 74.39 percent year on year, as research and overhead costs dragged down earnings.

      The company has invested substantially in H1 in research and development (R&D) while the number of employees increased by nearly 3,500, the report said.

      "While the rise in costs has weighed on the growth in after-tax profit, such investments have laid a solid foundation for the company to increase profitability and strengthen its status as an industry leader in the next stage," the report said.

      Best known for its voice recognition technology, iFlytek has a wide range of businesses in sectors including education, healthcare, and smart vehicles.

      The company expected net profit to reach 169 million yuan to 253 million yuan in the first three-quarters of 2018 thanks to the continued development of the AI industry.

      TOP STORIES
      EDITOR’S CHOICE
      MOST VIEWED
      EXPLORE XINHUANET
      010020070750000000000000011100001373896351
      中文字幕日韩无线码在线一区_制服肉丝亚洲中文字幕_日韩欧美无砖专区一中文字目_国产精品点击进入在线影院高清
      <strike id="gegfc"><dl id="gegfc"></dl></strike>
      <sub id="gegfc"></sub>
      
      
        <mark id="gegfc"></mark>
          中文乱码经典亚洲 | 亚洲美女视频免费爽 | 最精品中文字幕亚洲日本 | 天天天澡天天天碰青青视频 | 一区二区三区精品视频日本 | 欧美久久久久久久一区二区三区 |