New Coordinate's cost control effect is significant, and profitability continues to improve

2024-10-30 23:54
 170
According to the third quarter financial report of New Coordinate Company in 2024, the company's gross profit margin was 52.3%, an increase of 1.1 percentage points year-on-year and a decrease of 1.0 percentage points month-on-month. The net profit margin was 31.7%, an increase of 3.5 percentage points year-on-year and a decrease of 3.2 percentage points month-on-month. The sales/management/R&D expense rates were 0.03%, 11.0%, and 5.1%, respectively, down 1.6, up 0.6, and down 1.2 percentage points year-on-year, and down 2.4, up 2.2, and up 0.5 percentage points month-on-month.