Yinghe Technology’s Q3 Net Profit Reaches CNY 213 Million, Up 139.89% YoY

Yinghe Technology (300457.SZ) reported an operating income of CNY 2.696 billion, a year-on-year increase of 35.52%; the net profit attributable to shareholders of the listed company was CNY 213 million, up 139.89%; the revenue for the first three quarters was approximately CNY 7.497 billion, an increase of 13.37% year-on-year.

On the evening of October 23, Yinghe Technology (300457.SZ), a company listed on the Shenzhen Stock Exchange, announced its third-quarter report for 2023. The report showed that the operating income for the reporting period was CNY 2.696 billion, a year-on-year increase of 35.52%; the net profit attributable to shareholders of the listed company was CNY 213 million, up 139.89%; the net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 197 million, an increase of 182.39% year-on-year.

Announcement | Source: Yinghe Technology 

The report indicated that the revenue for the first three quarters of 2023 was approximately CNY 7.497 billion, a year-on-year increase of 13.37%; the net profit attributable to shareholders was approximately CNY 511 million, an increase of 44.74% year-on-year; basic earnings per share were CNY 0.79, an increase of 46.3% year-on-year. Notably, regarding the reasons for the change in operating income, Yinghe Technology stated, "The main reason is the growth of some business orders this period." 

Announcement | Source: Yinghe Technology