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Tuojing Technology: Third Quarter Report 2024

SZSIOct 28 12:00 ET · Announcements

Third Quarter Report 2024

SZSIOct 28 12:00 ET · Announcements

Tuojing Technology: Q3 non-GAAP net profit decreased by nearly 60% year-on-year.

①Due to the significant increase in the proportion of revenue from new products and new technologies, the cost of customer validation for new products and new technologies is relatively high, resulting in a temporary decrease in the gross margin of the company; ②The total assets of Tuojing Technology increased by 32.06% compared to the end of the previous year, mainly due to the increase in inventory brought about by the expansion of business scale.

cls.cnOct 28 11:37 ET