[ET Net News Agency, 20 January 2022] AAC Technologies Holdings Inc. (02018) said the
group's revenue for the year ended 31 December 2021 (FY 2021) is expected to increase
slightly, but the unaudited consolidated profit attributable to owners of the company for
FY 2021 is expected to decline by approximately 12% to 16% as compared with that for the
year ended 31 December 2020 (FY 2020).
The expected year-on-year decrease was primarily attributable to the lack of a similar
exceptional exchange gain reported in FY 2020 and a reduction in government subsidies in
FY 2021. (RC)