Baolong Technology released its third quarter financial report for 2024, with both revenue and net profit increasing

Baolong Technology released its financial report for the third quarter of 2024. The report showed that the company achieved revenue of 5.03 billion yuan in the first three quarters, a year-on-year increase of 21.0%. The net profit attributable to the parent company was 250 million yuan, a year-on-year decrease of 26.6%. In the third quarter, the company achieved revenue of 1.84 billion yuan, a year-on-year increase of 19.8% and a month-on-month increase of 8.3%. The net profit attributable to the parent company was 100 million yuan, a year-on-year decrease of 35.2% and a month-on-month increase of 24.9%.