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Zhifei Biotech announced that revenue for the third quarter was 2,515 billion yuan, down 7.40% year on year; net profit was 125 million yuan, up 117.36% year on year. Revenue for the first three quarters was 6.539 billion yuan, down 14.46% year on year; net loss was 683 million yuan. The company's Q3 net profit was 125 million, and Q2 net profit was 420 million. Based on this calculation, Q3 net profit turned a month-on-month loss into a profit.
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Zhifei Biotech announced that revenue for the third quarter was 2,515 billion yuan, down 7.40% year on year; net profit was 125 million yuan, up 117.36% year on year. Revenue for the first three quarters was 6.539 billion yuan, down 14.46% year on year; net loss was 683 million yuan. The company's Q3 net profit was 125 million, and Q2 net profit was 420 million. Based on this calculation, Q3 net profit turned a month-on-month loss into a profit.
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