Aixu Shares: Gross Profit Rate Reaches a New Quarterly High in Three Years

2023-10-31 09:29:51

Although the operating income in the third quarter decreased by 35.30% compared with the same period last year, the gross profit margin reached 24.33%, the highest in the past three years.

On the evening of October

30, ABC Photovoltaic Cell Company Aixu disclosed its third quarter report. As of the first three quarters of 2023, Aixu shares realized operating income of 22.617 billion yuan and net profit of 1.887 billion yuan, up 35.77% from the same period last year.

In particular, in the third quarter, the Company realized operating income of RMB6.368 billion, representing a year-on-year decrease of 35.30%; net profit attributable to owners of the parent company was RMB579 million, representing a year-on-year decrease of 27.14%. Compared with the previous three quarters, the company's gross profit margin reached 24.33%, the highest in the past three years.

Aixu said in its earnings report that due to the relationship between supply and demand in the industry, the sales price of products has declined, but the company's management level has improved, sales volume has increased, costs have decreased and profitability has increased.

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