24, Quartz released its third quarter report for 2023. The company's operating income in the third quarter was 2.466 billion yuan, an increase of 359.51% over the previous year, and the net profit attributable to shareholders of listed companies was 1.776 billion yuan, an increase of 531.40% over the previous year.
As for the reasons for the substantial increase in performance in the third quarter, quartz shares have been disclosed in the performance forecast before, mainly benefiting from the rapid growth of demand in downstream semiconductor, photovoltaic and other industries, the company's operating performance has achieved rapid growth. The market demand for quartz materials used in the photovoltaic field increased significantly as compared with the same period last year, and both production and sales were booming. In addition, quartz materials used in semiconductors benefited from the Company's continuous certification by international semiconductor equipment manufacturers in recent years and its continuous investment in research and development over the years, and the market also expanded rapidly, and the profitability of the main products was significantly better than that of the same period.