B · Normal
[Salt Lake Shares: Net profit in the third quarter increased by 31% year-on-year and dropped 11% quarter-on-quarter] On October 29, Salt Lake Shares (000792.SZ) announced that its third-quarter revenue was 5.933 billion yuan, a year-on-year increase of 25.39%; net profit was 2.772 billion yuan, a year-on-year increase of 31.36%. Revenue in the first three quarters was 18.985 billion yuan, a year-on-year increase of 58.37%; net profit was 8.940 billion yuan, a year-on-year increase of 90.09%. The revenue growth was mainly due to the year-on-year increase in product sales and prices during the reporting period. Xiaocai Note: The company’s Q3 net profit was 2.772 billion and Q2 net profit was 3.142 billion. Based on this calculation, Q3 net profit fell 11% month-on-month.
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