Shenzhen Yinghe Technology (stock code: 300457) recently released its third quarter financial report. The data shows that Yinghe's quarterly revenue was approximately $2.87 billion, down 23.91% year-on-year and down approximately 20% sequentially. Net profit attributable to shareholders was $221.2 million, down 25.89% year-on-year and 12.22% sequentially.
For the first three quarters of 2024, Yinghe reported total revenue of approximately US$9.07 billion, a decrease of 13.59% year on year, and net profit attributable to shareholders of US$694.4 million, a decrease of 2.93% year on year.
A comparison of Yinghe Technology's quarterly results in 2024 shows that net profit attributable to shareholders remained stable at $221.2 million in both Q1 and Q3. However, revenue increased slightly from $2.61 billion in Q1 to $2.87 billion in Q3.
Notice
1. This article is provided exclusively for professional research purposes related to industry, technology and policy. Any reference to brands or products is made solely for the purpose of objective description and does not constitute an endorsement, recommendation, or promotion of any brand or product.
2. The use of nicotine products, including but not limited to cigarettes, e-cigarettes, and heated tobacco products, is associated with significant health risks. Users are required to comply with all relevant laws and regulations in their respective jurisdictions.
3. This article is strictly restricted from being accessed or viewed by individuals under the legal age.
Copyright
This article is either an original work by 2Firsts or a reproduction from third-party sources with the original source clearly indicated. The copyright and usage rights of this article belong to 2Firsts or the original source. Unauthorized reproduction, distribution, or any other unauthorized use of this article by any entity or individual is strictly prohibited. Violators will be held legally responsible. For copyright-related matters, please contact: info@2firsts.com
AI Assistance Disclaimer
This article may have utilized AI to enhance translation and editing efficiency. However, due to technical limitations, errors may occur. Readers are advised to refer to the sources provided for more accurate information.
This article should not be used as a basis for any investment decisions or advice, and 2Firsts assumes no direct or indirect liability for any errors in the content.
