Although DRAM recovers, Nanke continued to lose money

Nanke suffered a net loss of RMB 32.819 billion after taxation in the first 11 months of the previous month, and a net loss of RMB 1.75 per share. This indicates that although the DRAM market conditions have recently recovered, they have still not reached the scale of the economy of the industry, and the losses are still there.

Nanke’s November revenue grew by 19% from October, reflecting the recent recovery in DRAM market. Nanke stated that in addition to standard DRAM foundry customers starting to cover inventory, Asian-based digital TV and set-top boxes and other niche-type memory customer needs also The simultaneous warming is the reason for the rebound in revenue in November.

However, Nanke’s net loss after taxation in November was 3.302 billion yuan, with a net loss of 0.18 yuan per share, which was higher than the net loss after tax of October of 2.356 billion yuan in October. Accumulated losses in October and November totaled 5.658 billion yuan, only In the third quarter, 56% of the loss amount.