Yinghe Technology Reports Impressive Financial Performance in Q3 2023

Market by 2FIRSTS.ai
Oct.24.2023
Yinghe Technology Reports Impressive Financial Performance in Q3 2023
Yinghe Technology's Q3 2023 report reveals a 35.52% YoY increase in revenue and a 139.89% YoY rise in net profit.

On the evening of October 23, Yinghe Technology (300457.SZ), a company listed on the Shenzhen Stock Exchange, released its third-quarter report for 2023. According to the report, the company's operating revenue for the reporting period reached 2.696 billion yuan, representing a year-on-year growth of 35.52%. The net profit attributable to the shareholders of the listed company amounted to 213 million yuan, up 139.89% compared to the same period last year. The net profit attributable to the shareholders of the listed company, after deducting non-recurring gains and losses, amounted to 197 million yuan, indicating a year-on-year increase of 182.39%.

Yinghe Technology Reports Impressive Financial Performance in Q3 2023
Announcement | Source: Yinghe Technology

 

A report reveals that the revenue in the first three quarters of 2023 amounted to approximately 7.497 billion yuan, representing a year-on-year increase of 13.37%. The net profit attributable to shareholders of the listed company was approximately 511 million yuan, reflecting a year-on-year growth of 44.74%. The basic earnings per share reached 0.79 yuan, showing an increase of 46.3% from the previous year. It is worth noting that, according to Yinghe Technology, the main reason for the change in operating income is the growth of certain business orders during the period.

Yinghe Technology Reports Impressive Financial Performance in Q3 2023
Announcement | Source: Yinghe Technology

 

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