financial report Archives - Page 8 of 11

Huawei Reports Sales Revenue of 455.8 Billion RMB and Net Profit Margin of 10.2% for First Three Quarters of 2021

On October 29, Huawei released its business results for the first three quarters of 2021. According to the report, the company achieved sales revenue of 455.8 billion yuan during the period, down 32% year-on-year.

BOE.A Collects $1.13 Billion in Q3 Net Profits for a YoY Increase of 441%

The document released by BOE.A shows that BOE.A's revenue in the third quarter of the year was 55.993 billion yuan ($8.76 billion), a year-on-year increase of 46.77%.

SF Express Achieves Just Over 1 Billion Yuan in Q3 Net Profits, Down 43.49% YoY

On October 28, SF Express (Group) Co., Ltd. reported its 2021 Q3 results, showing that its revenue in the period totaled 47.517 billion yuan ($7.43 billion), a year-on-year increase of 23.53%.

BYD’s Q3 Net Profits Fall 27.5%

According to BYD's Q3 financial report, its operating revenue reached 54.306 billion yuan ($8.498 billion) in the third quarter, a year-on-year increase of 21.98%. Its net profit was 1.269 billion yuan, down 27.5% year-on-year.

Leading Chinese Battery Firm CATL Sees Q3 Net Profit and Revenue Increase by Over 130% YoY

Contemporary Amperex Technology Co., Limited (CATL), a major Chinese producer of batteries, released its Q3 quarterly earnings yesterday, showing revenue of $4.58 billion in the period, up 130.7% year-on-year.

Gree’s Third-Quarter Net Profit and Operating Income Falls More Than 15%

China’s Electric Appliance Giant Gree announced its results in the first three quarters of 2021 on Tuesday. The report shows that the company achieved operating income of $7.4 billion in the third quarter, down 16.5% year-on-year.

Luckin Coffee‘s Net Revenue in H1 2021 Increased 106% YoY to Nearly $500 Million

On Thursday, Chinese beverage chain Luckin Coffee announced its financial results for the first half of 2021, showing total net revenue of 3,182.5 million yuan ($497.743 million)

Tesla Releases Q3 Financial Report, Plans to Further Expand Capacity of Shanghai Gigafactory

On October 21, Tesla announced in its Q3 earnings conference call that China remained Tesla's main export center throughout the quarter.

Chinese Online Education Platform 51Talk Reports RMB 27 Million Net Loss, Will Explore Growth Opportunities

On Tuesday, Chinese online education platform 51Talk reported that their net loss in Q2 was 27.0 million yuan, compared with net income of 32.8 million yuan for the second quarter of 2020.

Trip.com Group Reports Net Revenue of 5.9 Billion Yuan in Q2, an 86% YoY Increase

On Friday, one-stop travel service provider Trip.com Group announced its unaudited financial results for the second quarter of 2021. During the period, the firm reported net revenues of 5.9 billion yuan ($912 million).

Luckin Coffee Resolves All Claims In Securities Class Action; Files 2020 Financial Report

On Tuesday evening, Luckin Coffee issued three announcements. The first was that the company had entered into a binding agreement to settle its US securities class action lawsuit with the lead plaintiffs.

Waterdrop Reports Net Operating Revenue of $145.5 Million, Starts Share Repurchase Program Valued up to $50 Million

Waterdrop, a platform dedicated to insurance and healthcare service, today reported a net operating revenue YoY increase of 38.0% to 939.4 million yuan ($145.5 million) in the second quarter of this year.

2021 Q2 Advertising Revenue of Major Chinese Internet Companies Shows Market Picking Up

Reports show the impact of the Covid pandemic has basically been eliminated and the advertising market is rapidly rebounding.

BOE Technology’s Net Profit Increases 10x in First Half of 2021

On Monday, Chinese electronic components firm BOE reported that its revenue in the first half of the year was 107.285 billion yuan ($17 billion), a year-on-year increase of 89.04%.

Li Auto Reports Decrease of 34.6% in Q2 Net Loss, Expects Q3 Shipments to Top NIO

Chinese electric vehicle manufacturer Li Auto announced its second-quarter financial report on Monday, showing a net loss of 235.5 million yuan, a decrease of 34.6% compared with 360 million yuan in the first quarter of 2021.

Meituan Announces Q2 Results, Faces Investigation From Market Regulator

Meituan released its Q2 financial results on Monday. The State Administration for Market Regulation announced on the same day that it had investigated Meituan's failure to report its acquisition of Mobike in accordance with the law.

Leading Chinese Chip Maker SMIC Records Stellar H1 2021 Growth, Despite Sanctions

SMIC has released its report for the first half of 2021, revealing a 278% year-on-year increase in net profits compared to the same period last year.

Chinese Grocery Platform Missfresh Unveils First Financial Report Since IPO

On August 26th, Missfresh released its first financial report after its U.S. listing. The report showed that, in the second quarter of 2021, its total net revenues reached 1.89 billion yuan, representing a 40.7% year-on-year increase.

Nayuki Tea Releases First Financial Report After IPO

Nayuki Tea on Wednesday released its first financial report since listing publicly, showing that revenues in the first half of 2021 reached 2.126 billion yuan ($328.1 million), a year-on-year increase of 80.2%.

Skyworth Digital’s H1 2021 Revenue Increased by 23% Year-on-Year, Plans to Split Into Two Listed Firms

Shenzhen-based high-tech enterprise Skyworth Digital Co., Ltd. released its semi-annual report for 2021 on Tuesday. The company achieved operating income of 4.575 billion yuan ($707 million), a year-on-year increase of 23.37%.

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