On October 26, Beijing Express released its third quarter report for 2023. In the first three quarters, the Company achieved revenue of RMB7.98 billion, representing a year-on-year decrease of 6.72%; net profit attributable to parent company of RMB366 million, representing a year-on-year decrease of 56.21%; and basic earnings per share of RMB0.15.
Among them, the third quarter achieved revenue of 2.843 billion yuan, down 20.15% year-on-year; net profit of 310 million yuan, down 30.57% year-on-year.
For the current net profit decline, Beijing Express said that the current period was affected by industry changes, market fluctuations and other factors, the company's new material business product prices fell, which had a negative impact on net profit.
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