STOCKS | InnoLight Says Second-Quarter Gross Margin Is Expected to Remain Stable

InnoLight said its gross margin in the second quarter was expected to remain stable and would not see a significant decline due to factors such as tight material supply and rising material prices. According to Jin10, the company said on July 12 that materials were expected to ease to varying degrees in the second half of this year, and that it had made ample preparations for materials, which should lead to marginal improvement in the second half. The company said it was confident it could keep its gross margin stable in the future.