The decline in revenue and losses in a single quarter of nsfocus technologies group in Q3 exceeded 70 million yuan, with the downward trend in network security still continuing. | Interpretations
Among the top 20 companies in the information security industry in the first half of this year, all of the top 10 encountered losses, and the industry-wide losses in the first three quarters of cyber security continue. Market attention is focused on the "peak harvest" in the second half of the year, but nsfocus technologies group still incurred a large loss of over 70 million yuan in Q3.
Market competition and other factors led to a decline in gross profit. shenzhen transsion holdings co., ltd. experienced a decrease in both revenue and net profit in Q3.
①Looking at the performance of shenzhen transsion holdings co., ltd., the company's performance fluctuates significantly. After maintaining high growth for multiple quarters in 2023, the net income in the second and third quarters of this year showed a year-on-year decline; ② Mainly affected by market competition and comprehensive impact of supply chain costs, the revenue and gross margin of the third quarter of 2024 decreased, leading to a year-on-year decrease in gross profit amount; ③ shenzhen transsion holdings co., ltd. slipped to sixth place in global smart phone shipments in the third quarter.
shenzhen transsion holdings co., ltd. Q3 revenue and net income both declined, with net income decreasing by over 40% year-on-year | Financial Report Watch
Due to market competition and the impact of supply chain costs, shenzhen transsion holdings co., ltd. experienced a 7.22% year-on-year decrease in revenue to 16.693 billion yuan in the third quarter; basic earnings per share decreased by 57.92% to 0.93 yuan.
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Shenzhen Transsion Holdings Co., Ltd.: New products will be launched one after another in the second half of the year to continue to implement the shareholding plan | Direct hit at the earnings conference
①Shenzhen Transsion Holdings Co., Ltd. will launch new products in the second half of the year, building core capabilities in technologies such as imaging, gaming, AI, charging, and basic experience channels; ②Zhu Zhaojiang stated that the current shareholding plan of the company has not been fully implemented yet, and the shareholding entities will continue to carry out the relevant shareholding plan.