iFlytek announced that the company will achieve revenue of 18.314 billion yuan in 2021, a year-on-year increase of 40.61%; net profit attributable to the parent is 1.556 billion yuan, a year-on-year increase of 14.13%; Net profit was 979 million yuan, a year-on-year increase of 27.54%.
The announcement shows that iFLYTEK will increase related research and development expenses by 628 million yuan in 2021, and the total related research and development expenses will reach 2.839 billion yuan, an increase of 28.43% over the same period of the previous year, and an increase of 3,301 personnel reserves.
In addition, in the first quarter of 2022, iFLYTEK’s revenue in the first quarter was 3.506 billion yuan, a year-on-year increase of 40.18%; non-profit deductions were 145 million yuan, a year-on-year increase of 36.71%.
In March this year, iFLYTEK said in an institutional survey that in the field of smart cars, the company has maintained long-term cooperation with major domestic automakers, and the vehicle-mounted voice interaction system maintains a market share of more than 60%.
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