The net profit of Q3 in Ningde Times increased by 188.42% over the same period last year and 126.95% in the first three quarters.

CTOnews.com October 21 news, this evening, Ningde Times released the latest performance report: third quarter revenue 97.4 billion yuan, estimated 66.37 billion yuan. The net profit of Q3 was RMB 9.424 billion yuan, with a year-on-year growth of 188.42%; the net profit of the first three quarters was RMB 17.59 billion yuan, with a year-on-year growth of 126.95%.

CTOnews.com learned that from January to September this year, Ningde era business scale growth, production and sales promotion led to corresponding growth in operating income, the first three quarters revenue 210.34 billion yuan, an increase of 186.72% year-on-year.

In the first three quarters of this year, Ningde Times invested 10.577 billion yuan in R & D, up 130.18% year-on-year. Ningde Times said that the company continued to increase R & D investment, increase R & D projects and expand R & D teams, and the corresponding expenditures increased compared with the previous period.

Ningde Times disclosed in the third quarter report on October 22,2022 that as of September 30,2022, the number of shareholders of the Company was 185,400, an increase of 35,000 compared with the previous period (June 30,2022), an increase of 23.30%.

Ningde Times 'customers include Tesla, Volkswagen and BMW, and its net profit from July to September was 9.4 billion yuan, according to documents filed with the Shenzhen Stock Exchange.

At today's close, Ningde Times closed at 413.0 yuan, with a total market value of 1.05 trillion yuan.