B · Normal
[Dongxin: Q3 net profit increased by 59% month-on-month, and the supply and demand pattern of the storage market further tightened] On October 26, Dongxin (688110.SH) announced that its third-quarter revenue was 1.795 billion yuan, a year-on-year increase of 682.12%; net profit was 830 million yuan, turning a loss into a profit year-on-year. Revenue in the first three quarters was 3.292 billion yuan, a year-on-year increase of 475.03%; net profit was 1.489 billion yuan, turning a loss into a profit year-on-year. The change in performance is mainly due to the continued upward trend in the semiconductor industry, the further tightening of the supply and demand pattern in the storage market, the continued restriction of the supply of small and medium-capacity storage products, and the further rise in product prices. Xiaocai Note: The company’s Q3 net profit was 830 million, and Q2 net profit was 521 million. Based on this calculation, Q3 net profit increased by 59% month-on-month.
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