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spk_0: the conference will begin shortly to raise your hand during una you can dial star one one
spk_1: let it happen that thank you for standing by at work on to china uk international with a fifth of twenty twenty two financial results are these type of participants are listen only mode after his speak of recipe sure there will be of question and answer session
spk_2: first question even need to press or one and one on your cellphone
spk_1: would like dog the conference of a to seventies please go ahead sir
spk_3: thank you for joining us today and welcome to try to use i international ltd first hit of year ended june thirty twenty twenty two conference call webcast join up today and the way my yo emissary chosen lou president and chief financial officer of see why i respectively and it is can we also had a tennis mr calvin lie vp of operations those see why i before we begin our my all listens that throughout this call we mainly stateless the make the thing was within the meaning of the private security that occasion we forget to lazy ninety five the words believe expect it dissipates project targets optimistic confident that continue to predict and ten any will or similar expressions aren't i need to identify forward looking statements ah famous other the statement of the store for fact our state with that lady going forward looking statements the forward looking statements include but are not limited to statement concerning the company's operations and finance reform as a condition and are based on current expectations blues and assumptions which are subject to change at any time it up the cautious of the statements by their nature involved risk and uncertainty that actual results may differ materially dependent upon a variety of important factors such as government and stock exchange regulations competition political economic and social conditions around the world and in china including those discussed in the company's warm twenty f under the heading risk factors result of operations and business overview and an utterly for fire with the securities and exchange commission from time to time if we go with nike pandemic is that effectively controlled our business operations and financial condition maybe mature you adversely affected due to a deteriorating marker for automotive sales and economic slowdown in china and abroad a potential with me though the financial condition of our customers potential adverse impact of art to our suppliers or supply chain or other factors that we cannot was the all forward looking statements applicable only as of the date their made and the company specifically disclaims any obligation to maintain for updates are forward looking information whether of the nature contain in the press release for made during today's call or otherwise in the future matter how will provide a brief overview and summary them mr lu well with you the financial results for the first set of year ended june thirty twenty twenty two thereafter we will conduct a question and answer session for the purposes of today's call it twenty twenty two and twenty twenty one financial results are allotted and it will be presented and rmb and us dollars all for you to have presented is reported using the international players are reporting standard as issued by the international cali anders borg the to help please began you're prepared remarks
spk_4: echo calvin
spk_5: oh grow up in china the chinese economy the for probably going to continue from the last fall of the need any one kind of gdp growth was twenty two point five or ten year what year in the for probably twenty two at five for put that in the paying for the offer different to effectively for has struck patroclus with a troll point out but i grew up with fear would probably been what according to the about bothered by china to see an automobile manufacturer total industry and you feel to publish it will he goes excluding so our an electric power ego declined by forty nine point zero percent year over year with truck and but in it so found by fifty point at night the fan and for the python what the fed reflected in the put up a pretty good too the it industry failed the client was primarily due to lower the man
spk_4: from lafayette hi baby the for profit believe anyone and the pandemic related lot thousand travel restrictions in various parts of china
spk_5: effective caught local much of equal the mud you to let logistical activities as you were infrastructure construction project a different set of credit i'm sure we go viral mon ami a subsidiary guanxi time missionary completely with you are mcl reporter the combined prop combat unit sales decline often six point eight percent year over year in the first half a pretty funny too truck feel for creepy a point of the fed lower and but sales declined by thirty four point six percent
spk_4: july m c else engine failed to the opera market i the more model unit sales reduction of trump also a fan year over we're in the first half of the need any to
spk_5: our all feels revenue in the first half of that if it to the cry by thirty two point two percent euro you to a point six percent of authority to a point six billion or a be are your thoughts four point three billion compared with our be trump i feel it in the paper of last year i will drop profit decline by sixteen point two percent much left it out filthy cry to arab you up by popular are you have follow two hundred to buy seven million or gross margin improved by three percent to fifteen point nine percent from trump on a fan in the first half of the the for the one in you to lower it with i think called i'll cost cutting the shit it's review the other are pretty expensive generating operating officer in the first half of the didn't do that quite high that one in our position to develop the increase how it's investment in research and development or in five five point nine percent including capitalized costs for our be flooded can be fixed by nine me live all your follow any one by one million in about half of that he did thirty two these are predators reds said the vibrancy for telephoto rogan you compare bet with three by three foot fence in lafayette same period the continuity improve the performance of quality of a national six and you already in the marketplace the when every prepare for the deployment of of feel for approach and your portfolio liberate the for the to for the ambitious than it is implemented across china from our the been redirected infinity to to feel for engine we have also increase or are the result of blurb about how new and the give equal analogy to accelerate without the ballot when the first half of anybody to regenerate the net profit with the and daily the earning per share of our of be to by tonight with the rmb oh yeah but dollar for the for fan i would you are mcl for surgery had met strategy initiative in pretty they do to continue to improve our any v cup of really deep and other technologies following the introduction of his hydrogen in jail for china commercial vehicle market late for the than the one you i'm feel into the earth in july twenty bid to the new hey would you feel hydrogen engine light the cave is in page and it
spk_6: i'll join went to egypt
spk_5: beating each high seas a new energy technology company with it repeating things without come to the live with it was incorporated the combined upon the result of the market and sell to fell follow train the city or macau if operating put thought into the to new energy buses equipped with each i reject panda three hundred units of each tries chorus of feather were audit father macau buff market you taste receptor liberal i feel heavy of up to fifty percent other they will i'm in the foot develop in a half of anybody doing good our guy went pretty creepy guy went through with you i'm if you i'm feeling empty you frederick shepherd a subsidiary of growth right policies that at for the is one thousand units up and feel silly for thousand high have followed its own good primarily for the chinese opera market
spk_4: the y m c i agree that he tried as or for to the odessa to one of india's every the five by the add are put in a by fair you euro six effects that we should feather of you beat the you be right man to the china providing a good access to your
spk_7: an american market
spk_5: you are feel for to do it well how clumsy time the remote the of the with monopoly development company ltd form a new go into with food joint easy automobile technology company limited to enhance the this a white engine so the an emergency support for all vehicles power like you tried a vintage time
spk_4: you i'm here wife is sixty and seven point eight litre immediately that your gas and just became this bluth images to power it hundred anti buses ship to one three months ago
spk_5: that that country that largest city life is sixty ed is providing a more environmentally friendly buff solution i said dude that the open for the to he went there though pack a bag well as of or of the five point three billion or you follow cal hundred eighty three point five million after reviewing good video for the one earning think cash flow had an operation as well as the operating and cut the budget for for anybody to the bullet to be clear that pesky with over for the you have friends brother issue for the year ago he said with thirty foot twenty twenty one the who have been on to life it says that he could do i'll ask for fall over fall festival six inches is said really thing field and safeguarding a market position in the chinese on roadmap that in the for that matter meanwhile a portfolio the fuck the avoid getting ready to go read both of these shows are implemented this like in china the few yeah please give us a month acceptance of our any with analogy and we're speculating to the more any be brought up in the future them on the capabilities of happened with he go with that i would now like with protocol with have the say new our to filings show people will provide more detail for the punisher refer to the kids
spk_8: and you remain know let me review our first six months results and the june thirtieth turn into our revenue what i'm be eight point six billion or us dollar one point six billion from previous i'd be trump point two six billion in the same period last year reflecting the both industry conditions the put number of and g so by g r m c l the first half a day to was one hundred fifty thousand nine hundred a you know when unit thirty six point six percent decrease pompei with two hundred eighty five thousand three hundred forty two units in same period last year gmc all reported of fifty six point eight percent decline in for a boss and use use and oh trump point seven percent decline in of good and use you in the first half three twenty two gross profit was i'm be one point four billion or us dollar two hundred and two point seven million from pay reef i be one point six billion in the same period last year growth margie increased to fifteen point nine percent from pay with trump point nine percent in the same period last year the increase in gross margin was many attributable to improve my gene in national six and she's to and also to the increase in makes in the off route and you that month in for half to return it to or the other operating income was i'll be fifty five point five million or us dollar trump one sell million from pompei reef i'm be one hundred a low and point seven million in for half twenty twenty one the decline was primary due to lower interest income and higher for a actually losses from pay be the same period last year research and development i'd be a spaces increased by twenty nine point four percent to i'm be four hundred and eight point five million or us solar sixty point nine million compared with i'm be three hundred fifteen point seven million in the same period last yeah how are the as basis in for have been to were many due to an increase in a spam and a cause primary for the edges use while money and power georgia applications gems they'll continue to improve the performance and quality of his and geez he comprise read china's national six and care for emissions than this and you will have products for new energy refills the total or india expenditure including civilized cause was i'm be four hundred seventy six point nine million or us dollars than one point one million if was have anything to as compared to i'm be five fifty point two median in the same period last year
spk_9: representing five point six percent of revenue pompei with three point six percent in the same period last year
spk_8: in general and mr thief sg and a at represent represented a point seven percent of revenue for for half the nittany to compare with some point three percent in the same period last year as had a offensive decreased by it being point five percent to i'm be several hundred forty nine point six million or us follow one hundred and eleven point seven million from i'll be nine hundred twenty point one million in the same period last year the decrease what may need to to lower one the and pretty offensive and reduce but the no costs compared with the same period last year
spk_9: other operate operating profit bequeath by forty two point four percent to i'm be too high paid a million on us dollar forty two point nine million from i'd be all how many nine point eight million in the same period last year the operating margin was three point four percent for for half the day to compare with four percent in the same period last year funny cause decreased by nineteen point three percent to i'll be fifty five point two million or us dollar a point two million from i'll be fifty eight point four million due to low world bank loans and low abuse is calvin great pompei leave the same period last year the shell financial results of the job and choose what the loss of i'll be thirty point nine million or us on a four point six million for for top twenty two need to pump a be for profit of i'm be twelve point five million in the same period last year the last one last the due to the last in our john your wifi heavy duty trump producer he and he trusts
spk_8: net profit attributable to be to the whole does of a company was i'd be
spk_10: ninety three point seven million or us dollar forty million pompei we've i'm be two hundred fifty three point seven million in the same period last year
spk_9: basic and daddy the a nice but she will i be two point two nine all us for the for sale pompei with i beat this point one in a theme for your last year
spk_8: the and by the earnings per share for for half they need to and first half the new one but based on the read the original forty million eight hundred fifty eight thousand two hundred and my dishes
spk_10: now many what you to our banks you highlights as of june thirtieth street and two percent by been the will i'm be five point three billion or us dollar so hundred eighty three point five million pompei be fine be five point three beat it at the end of to need anyone to abuse review both will rmb six point is be did or us dollar nine hundred eighty two point six million compared with i'd be some bb and at the end of two needs a new one he went tories were i be four point zero beaten or us dollar six hundred and one point eight million pompei be i'm be five point two billion at the end up to need anyone to abuse for you both will i be fixed point one billion or us dollar nine hundred and four point nine median from pay we in be some point four billion at the end of pretty funny one short term and long term bad boys will i be two billion or us dollar to hi ninety six million from pay these i'm be two point two billion said he ever to new one
spk_3: i will now from the pull over to caving for comment before we begin our through any please note that due to kill the a seen from officers on tyneside are remotely calling and so the conference call this may result in a slight delay provided answers to some questions we apologize for any inconvenience and thank you for your face
spk_1: with that operator we are ready to begin to q in a session ladies and gentlemen we now begin the question and answer session
spk_2: if you wish to ask a question please press star and one on your telephone
spk_11: one and one on your telephone if you wish to ask a question
spk_12: we have one question
spk_13: my
spk_5: he go question for when i'm do is key please go ahead ah hi of a couple questions or what percent of the unit sales and the revenue was outside of china for the first half of point one two and then also the first half of last year okay the first half of thirty thirty two in tulsa unifil you probably have one about ten twelve percent over in a up from of a timer from a like what are you going with it is for this includes at fault that i walk through the audience in china for the actual direct sales with tyler out directly
spk_13: to the and you with the is to portland loans for the though that the five percent last year was was not that good god you for the record low profile affected by the
spk_5: queen night in randomly so the of their mouth is what feel for rage at the ratio are fucked up with the do quite low get through the one is that focus on will you live your at to because locked in china there was the in and we should operate from the fourth of july for the even one and there was quite it could be by so that probably the press on bread feel the ratio of private will okay or what is your outlook for the and you market in china for the remainder of this year and then next year the fact that the bigger question said no the we we have a right rather with car commercial i'm back at it he had simply couple few fact one is via the for travel up your dvr do the and what the lottery bible literally that was a to do it was a good run for your mother for this year
spk_14: the decline bill will go probably affected what is the up sunedison locked out of have a favorite part of country
spk_5: that affected and logistics and the felt was constructed infrastructure my favorite so that the couple of fact that normally the commercial vehicle for the construction the snowy well oh and in may last year the have read the government him i will quote love measures to try to the i'm probably going at it
spk_13: though we have to wait and see
spk_4: how how this could have a a vow to the to the by economy for now is the early days oh it's with are quite difficult for me to it for to me how how's it look like while the rebel yet
spk_5: super i personally think that you for probably a thief of reissue to the fuck quarter
spk_4: and hopefully that will flow on over to the next or anything okay
spk_5: i was watching out for the macau range extender announcement can you give up it's on the progress of the other new energy products you guys are developing
spk_4: okay the out of them the men one that we have right now into the images that really the research than the race as a feather that we have it's or less effort though we are done with be with not just the up
spk_5: on on wrote the oh yeah for local opera or yep while for interested in this up for that our though it is filled with the will have been a bigger reach for the for that oh you're get a little while for play to do to fully develop but we do pick up a bit of up with a show their and the other one that quite well or perpetual feud policies that are easy to to theology
spk_15: vehicles that we have been some integration work for for that was reduced out of favour throw the the market popular cause the to let go of but floor i though it hasn't replied to get off get through the early stage
spk_16: we have not had the money that so they will be able to call wanted to put to the goes proper pro that that out there in the markedly
spk_1: but does it there was a contract so that a game that
spk_2: that one for hydro's about ego
spk_1: the matter to the early stage of the available
spk_17: well you with you with the limit
spk_18: okay
spk_5: are they coming thank you for your question
spk_1: don't know how to push my point
spk_0: we are now we stand them of my session i was gonna come back mr home
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