Tuya Inc (HKSE:02391)

HK$ 13.22 0.22 (1.69%) Market Cap: 7.40 Bil Enterprise Value: 1.18 Bil PE Ratio: 0 PB Ratio: 0.85 GF Score: 40/100

Q2 2023 Tuya Inc Earnings Call Transcript

Aug 24, 2023 / 12:30AM GMT

Release Date Price: HK$13.82 (+21.23%)

Transcript

Operator

Okay. Good morning. Thank you. Hello, everyone. Welcome to our second quarter 2023 earnings call.

Joining us today are Founder and CEO of Tuya, Mr. Jerry Wang; and our CFO, Ms. Jessie Liu. The second quarter 2023 financial results and webcast of this conference call are available at ir.tuya.com. A replay of this call will also be available on our website in a few hours. Before we continue, I refer you to our safe harbor statement in our earnings press release, which applies to this call as we will make forward-looking statements.

With that, I will now turn the call to our Founder and CEO, Mr. Jerry Wang. Jerry will deliver his remarks in Chinese, which will be followed by corresponding English translation.

Xueji Wang

Tuya Inc. - Founder, Co-Chairman & CEO

[Interpreted] Hello, everyone. Thank you for joining Tuya's Q2 2023 earnings conference call.

The second quarter of 2023 marked a significant milestone for us. For the first time in our company's history, we have achieved a quarterly breakeven and recorded modest profit on non

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