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Yongmao's 3Q earnings fall 41.2% to RMB 0.3 mil

Stanislaus Jude Chan
Stanislaus Jude Chan2/12/2018 07:02 PM GMT+08  • 2 min read
Yongmao's 3Q earnings fall 41.2% to RMB 0.3 mil
SINGAPORE (Feb 12): Yongmao Holdings posts a 41.2% decline in earnings to RMB 258,000 ($54,386) for the 3Q ended December, from RMB 439,000 a year ago.
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SINGAPORE (Feb 12): Yongmao Holdings posts a 41.2% decline in earnings to RMB 258,000 ($54,386) for the 3Q ended December, from RMB 439,000 a year ago.

Net profit for 3Q18 actually rose 9.7% to RMB 2.6 million. However, earning for the quarter fell due to higher net profit attributable to non-controlling interests of RMB 2.3 million in 3Q18, as compared to RMB 1.9 million a year ago.

Group revenue increased 19.3% to RMB 138.8 million in 3Q18, as compared to RMB 116.4 million a year ago.

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