YOFC Reports 1,742% YoY Surge in Q3 Net Profit, Up 31% QoQ
23 hour ago / Read about 0 minute
Author:小编   

YOFC has announced its results for the first three quarters: operating revenue reached RMB 19.124 billion, marking an 86.12% increase year-on-year, while net profit attributable to shareholders totaled RMB 6.128 billion, soaring 1,204.63% year-on-year. In the third quarter alone, operating revenue amounted to RMB 9.316 billion, up 139.42% year-on-year, and net profit attributable to shareholders reached RMB 3.203 billion, a staggering 1,741.52% increase year-on-year and a 31% rise quarter-on-quarter. This profit growth was primarily driven by the accelerated construction of intelligent computing centers, which has propelled the industry into an upcycle. These developments have enhanced the revenue structure of the company's core business and led to significant year-on-year increases in both sales volume and average unit price of its main products.