Event
Xingyun Technology's net profit attributable to shareholders for the first three quarters was 269 million yuan, turning from loss to profit year-on-year
1 reports · 1 sources
Xingyun Technology announced that in the first three quarters it achieved revenue of 1.175 billion yuan, up 1896.66% year-on-year; net profit attributable to shareholders was 269 million yuan, turning from loss to profit year-on-year. The company said the change in performance was mainly because this year is the first full fiscal year after completing bankruptcy reorganization and after the industrial investor formally took over, and the business model has changed significantly compared with the previous year.
Report timeline
- Xingyun Technology: First Three Quarters Net Profit Attributable to Parent of 269 Million Yuan, Turning Profitable Year-on-Year
Xingyun Technology announced that in the first three quarters it achieved revenue of 1.175 billion yuan, up 1896.66% year-on-year, and net profit attributable to the parent of 269 million yuan, turning profitable year-on-year. The change in performance is mainly because this year is the company's first full fiscal year after completing bankruptcy reorganization and after industrial investors formally took over the company, and its business model has changed significantly from the previous year.
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