IntreTech Corporation reports decline in revenue for Q3 2024

Oct.30.2024

Xiamen IntreTech Co., Ltd. (002925) released its Q3 2024 financial report on October 30, with a revenue drop.

On October 30th, Xiamen IntreTech Co., Ltd. (002925) released its financial report for the third quarter of 2024. According to the report, the company achieved a revenue of 964 million yuan in the third quarter, a decrease of 13.71% compared to the same period last year but an increase of 18.87% compared to the previous quarter. The net profit attributable to the shareholders of the listed company was 36.32 million yuan, a decrease of 72.12% compared to the same period last year and a decrease of 54.64% compared to the previous quarter.

In the first three quarters of 2024, the company achieved operating income of 2.539 billion yuan, a year-on-year decrease of 14.24%; net profit attributable to shareholders of the listed company was 171 million yuan, a year-on-year decrease of 48.43%.

References:

[1] 厦门盈趣科技股份有限公司2024年第三季度报告

Also Read:

[1] Investors Inquire About IntreTech's Involvement in PMI ZYN Business

[2] IntreTech: Collaborating with Partners on Cannabis E-Cigarette in Europe and America

[3] IntreTech Limited Releases 2024 Half-Year Financial Report in Xiamen

[4] IntreTech Receives Buy Rating from Huaan Securities in August

[5] IntreTech's Collaboration with IQOS: An Investor's Inquiry

[6] IntreTech: Expansion into E-Cigarette Electronic Screen Business

[7] IQOS Supplier IntreTech Saw Decline in E-Cigarette Revenue by 2023

#E-cigarettes #Asia #Market #China

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