IntreTech Corporation reports decline in revenue for Q3 2024

Oct.30.2024
IntreTech Corporation reports decline in revenue for Q3 2024
Xiamen IntreTech Co., Ltd. (002925) released its Q3 2024 financial report on October 30, with a revenue drop.

On October 30th, Xiamen IntreTech Co., Ltd. (002925) released its financial report for the third quarter of 2024. According to the report, the company achieved a revenue of 964 million yuan in the third quarter, a decrease of 13.71% compared to the same period last year but an increase of 18.87% compared to the previous quarter. The net profit attributable to the shareholders of the listed company was 36.32 million yuan, a decrease of 72.12% compared to the same period last year and a decrease of 54.64% compared to the previous quarter.

IntreTech Corporation reports decline in revenue for Q3 2024
IntreTech 2024 Q3 financial report | Image source: IntreTech


In the first three quarters of 2024, the company achieved operating income of 2.539 billion yuan, a year-on-year decrease of 14.24%; net profit attributable to shareholders of the listed company was 171 million yuan, a year-on-year decrease of 48.43%.


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