VHTEAM > Feeds > Yunmi's net profit in the third quarter was US $10.3 million, turning a loss year on year

Yunmi's net profit in the third quarter was US $10.3 million, turning a loss year on year

2019-11-20 17:45:57Source: Tencent Technology

Tencent technology news according to foreign media reports, yunmi Technology (NASDAQ: viot) released the company's unaudited third quarter results as of September 30, 2019 before Wednesday's trading. According to the financial report, yunmi technology's net revenue in the third quarter was 1.07 billion yuan (US $149.6 million), an increase of 89.2% compared with the same period last year; its net profit was 73.3 million yuan (US $10.3 million), turning a loss of 59.8 million yuan compared with the same period last year. Main results in the third quarter: - yunmi's revenue in the third quarter was 1.07 billion yuan (US $149.6 million), an increase of 89.2% over the same period last year of 565.3 million yuan. --In the third quarter, yunmi's revenue from Internet of things smart home exhibits was 822.2 million yuan (US $116 million), up 71.9% from 482.5 million yuan in the same period last year. --In the third quarter, yunmi's revenue from value-added services was 186.5 million yuan (US $26.1 million), an increase of 164.4 million yuan over the same period last year

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