IFLYTEK: sales rebate of 12.8 billion yuan in the first three quarters of 2022, an increase of 27% over the same period last year

CTOnews.com news on October 28, iFLYTEK released its three quarterly results for 2022. Net cash flow from iFLYTEK's operating activities increased by 32 per cent year-on-year by the end of the third quarter of 2022, according to the report. IFLYTEK paid back 12.824 billion yuan in the first three quarters of 2022, an increase of 27 percent over the same period last year.

In the tense market environment, iFLYTEK's operating cash flow and sales rebate, have maintained a good situation.

Combined with the previously released semi-annual report, Q3 iFLYTEK achieved a positive cash flow of 606 million yuan in 2022.

CTOnews.com learned that in terms of revenue, iFLYTEK Q3 realized revenue of 4.638 billion yuan, with a net profit of 142 million yuan attributable to shareholders of the listed company. IFLYTEK's revenue in the first three quarters was 12.66 billion yuan, up 16.5 percent from the same period last year, and the net profit attributed to shareholders of the listed company was 420 million yuan. The company has overcome the influence of adverse factors such as the repeated epidemic situation of COVID-19, and the track of key industries has continued to maintain good growth.