Revenue, profit and gross margin all declined in the third quarter, as follows:
1) Third Quarter:
Operating revenue: 34.237 billion yuan, down 19.85% year-on-yearNet profit attributable to shareholders of listed companies: 748 million yuan, down 66.44% year-on-yearNon-GAAP net profit: 512 million yuan, down 74.96% year-on-yearThe company's gross margin in the third quarter was 15.69%, down 1.27 percentage points year-on-year but up 2.46 percentage points quarter-on-quarter;Net profit margin was 1.36%, down 2.80 percentage points year-on-year and down 2.15 percentage points quarter-on-quarter2) First Three Quarters of 2024:
Operating revenue: 110.96 billion yuan, up 2.54% year-on-yearNet profit: 3.58 billion yuan, down 63.78% year-on-yearNon-GAAP net profit: 1.681 billion yuan, down 48.87% year-on-yearGovernment subsidies included: 1.564 billion yuanGross margin was 14.38%, down 2.20 percentage points year-on-year;Net profit margin was 2.44%, down 5.64 percentage points year-on-year
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