Transsion Holdings Announces 2024 Third Quarter Financial Report

According to the third quarter report of 2024 released by Transsion Holdings on October 28, the company achieved revenue of 16.693 billion yuan this quarter, a year-on-year decrease of 7.22%. The net profit attributable to shareholders of the listed company was 1.051 billion yuan, a year-on-year decrease of 41.02%. The non-net profit was 820 million yuan, a year-on-year decrease of 52.72%. However, in the first three quarters of this year, Transsion Holdings achieved revenue of 51.252 billion yuan, a year-on-year increase of 19.13%; the net profit attributable to shareholders of the listed company was 3.903 billion yuan, a year-on-year increase of 0.50%; the non-net profit was 3.248 billion yuan, a year-on-year decrease of 7.44%.