Yingqu Technology's Q3 2024 Financial Report: Net Profit Of 36.32 Million Yuan, A Year-on-year Decrease Of 72.12%

Yingqu Technology's Q3 2024 financial report: Net profit of 36.32 million yuan, a year-on-year decrease of 72.12%

According to the financial report of Yingqu Technology for the third quarter of 2024, the company achieved a revenue of 964 million yuan, a year-on-year decrease of 13.71%; The net profit attributable to shareholders of the listed company was 36.32 million yuan, a year-on-year decrease of 72.12%.

On October 30th, Xiamen Yingqu Technology Co., Ltd. (002925) released its financial report for the third quarter of 2024. According to financial report data, the company achieved a revenue of 964 million yuan in the third quarter, a year-on-year decrease of 13.71% and a month on month increase of 18.87%; The net profit attributable to shareholders of the listed company was 36.32 million yuan, a year-on-year decrease of 72.12% and a month on month decrease of 54.64%.

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

Yingqu Technology Q3 2024 Financial Report | Source: Yingqu Technology

It is reported that in 2014, Yingqu Technology partnered with Venture, a supplier of IQOS tobacco equipment for the new non combustible heating tobacco brand from Firmo International. Since then, Yingqu Technology has become a supplier of its precision plastic components.