B · Normal
[Tuojing Technology: Net profit in the first three quarters increased by 336.79% year-on-year] On October 28, Tuojing Technology (688072.SH) announced that its operating income in the third quarter was 2.308 billion yuan, a year-on-year increase of 1.84%; the net profit attributable to shareholders of listed companies was 1.088 billion yuan, a year-on-year increase of 135.39%. In the first three quarters, operating income was 5.220 billion yuan, a year-on-year increase of 23.70%; net profit attributable to shareholders of listed companies was 2.431 billion yuan, a year-on-year increase of 336.79%. The main reasons for the performance growth are: the company's production scale effect is gradually released, and new products and new process equipment have been mass-produced and applied, which effectively reduces the unit production cost of the product. The company's gross profit in the first three quarters increased by approximately 770 million yuan compared with the same period last year, and the gross profit margin increased by approximately 8.37 percentage points year-on-year. The overall product profitability was significantly enhanced; the company's income from changes in fair value generated by trading financial assets in the first three quarters increased by approximately 1.616 billion yuan compared with the same period last year. Xiaocai Note: The company’s Q3 net profit was 1.088 billion and Q2 net profit was 772 million. Based on this calculation, Q3 net profit increased by 40% month-on-month.
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