B · Normal
[Transsion Holdings: Third quarter net profit fell 8.4% year-on-year and 20% quarter-on-quarter] On October 30, Transsion Holdings (688036.SH) announced that it achieved operating income of 50.28 billion yuan in the first three quarters, a year-on-year increase of 1.49%; net profit attributable to shareholders of listed companies was 2.63 billion yuan, a year-on-year increase of 22.44%. In the third quarter, operating income was 14.849 billion yuan, a year-on-year decrease of 27.45%; net profit attributable to shareholders of listed companies was 857 million yuan, a year-on-year decrease of 8.4%. The change in performance was mainly due to the impact of rising supply chain costs and declining market capacity, resulting in a decrease in operating income. Xiaocai Note: The company’s Q3 net profit was 857 million and Q2 net profit was 1.073 billion. Based on this calculation, Q3 net profit dropped 20% month-on-month.
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