Mavericks electric Q1 revenue 2.3.3 billion, Q2 revenue may reach 6 billion
On May 18th, Beijing time, Maverick Electric released its quarterly audited financial report for the first quarter ended March 31, 2020.The domestic market has suffered a setback due to the impact of the epidemic in the quarter. The financial report shows that Mavericks achieved first quarter revenue2.3.3 billion yuan, a decrease of 34 from the same period last year.4%.Among them, overseas markets performed well, with sales growth increasing by 5.9%.Peripherals, accessories and service revenues rose by 5 each year against the market.5%.In the first quarter, the company’s operating expenses reached zero.9.1 billion, an annual increase of 35.7%.Among them, market funding is 0.4.4 billion, an increase of 48 in ten years.1%, R & D investment is 0.2.3 billion, an annual increase of 58.6%.Suddenly hit by the sudden epidemic, Mavericks’ domestic market sales have suffered some damage, leading to a single quarter breakthrough.26 billion.As of the end of the first quarter, the company’s stock of funds exceeded 7 billion.Since late February, the company has gradually resumed factory production.In early April, the company’s supply chain and overall operations have basically returned to normal.The global R & D and manufacturing base of Maverick Electric, which was newly put into production at the end of 2019, has officially entered the operational stage in the first quarter.On this basis, the company stated that it will resume domestic sales network expansion in the second quarter and plans to obtain another land use right in Changzhou based on the restoration of domestic demand to further expand production capacity.Short-term market shocks will not affect the company’s confidence in future development.In the second quarter, the company stated that it will continue to advance its global strategic layout, increase technological R & D and market layout, and restart its global expansion plan.The company expects revenue to reach 5 in the second quarter.85 billion to 6.55 billion, an annual increase of 10% to 23%.Sauna, Ye Wang Chen Weicheng Editor Li Weijia Proofreading Liu Baoqing