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FCTC Precision has unveiled its financial results for the third quarter, showcasing impressive growth. The company's revenue soared to RMB 1.482 billion, marking a significant year-on-year increase of 47.31%. Moreover, the net profit attributable to shareholders reached RMB 99.0215 million, reflecting a remarkable year-on-year surge of 292.82%.
When considering the first three quarters as a whole, the total revenue climbed to RMB 3.8 billion, up 39.19% from the same period last year. The net profit attributable to shareholders for this period stood at RMB 233 million, experiencing an extraordinary year-on-year jump of 522.10%. Upon further analysis, it is evident that the net profit in the third quarter witnessed a robust 29% quarter-on-quarter increase compared to the preceding quarter.
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