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[Partner] ArcSoft 2019 net profit up by 31%, revenue up 23%

Date: 2020-02-27
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Note: ArcSoft Department invested enterprises Paradise Valley

Panorama News Network February 27 ArcSoft (688,088) February 27 evening disclose results of Letters, 2019, the company achieved total revenue of 564 million yuan, an increase of 23.23%; net profit of 207 million yuan, an increase of 31.24%. Basic earnings per share of 0.55 yuan.

The company said that with the double, multi-camera smart phone market penetration rises, the company steadily in a single smart phone customers products penetration for 3D ToF camera integrated algorithmic solutions and other new products are successful first-tier mobile phone manufacturers shipments, the company's smartphone visual solutions business continues to grow; the same time, companies in the driver's visual intelligence solutions to solve business achieved good growth over the same period last year.

(Reprinted from: Panorama network)

Partners: Paradise Valley in May 2018 by PE fund investment ArcSoft (Hangzhou) Multimedia Information Technology Co., Ltd., the company is a leading global provider of visual artificial intelligence techniques, in July 2019 the first listing in Kechuang board .


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