毛利润为2.060亿元，上年同期为1.200亿元，毛利率为27.2%，上年同期为24.1%。Fog Core Technology announced its results for the third quarter of 2024.
Zhitong Finance App learned that Fog Core Technology (RLX.US) announced results for the third quarter of 2024. According to the data, the company's Q3 net revenue was 0.7563 billion yuan (RMB, same below), up 51.59% from 0.4989 billion yuan in the same period last year; net profit was 0.1694 billion yuan, compared to 0.1766 billion yuan in the same period last year; basic and diluted earnings per ADS were 0.135 and 0.129 yuan, compared to 0.133 and 0.130 yuan for the same period last year.
Non-GAAP net profit was $0.2619 billion, compared to $0.2014 billion for the same period last year, and basic and diluted earnings per ADS were 0.211 and 0.200 yuan.
Gross profit was 0.206 billion yuan, compared to 0.12 billion yuan in the same period last year, gross margin was 27.2%, compared to 24.1% in the same period last year.
Operating loss was 10.7 million yuan, compared with a loss of 34.3 million yuan in the same period last year.
As of September 30, 2024, the company held a total of RMB 15.3617 billion in cash and cash equivalents, restricted cash, short-term bank deposits, short-term investments, long-term bank deposits and long-term investment securities.
Additionally, Foxin Technology announced the payment of its second cash dividend since the company went public. The company said its board of directors approved that as of the end of business on December 6, 2024, Beijing/Hong Kong time and New York time, common stock and ADS holders will receive cash dividends of $0.01 per common share or $0.01 per ADS, respectively, to be paid in US dollars.
After the announcement of the financial report, as of press release, Fog Core Technology was up 3.68% before the market.
