"Illustrated Quarterly Report" Guyue Longshan: In the first three quarters of 2021, the net profit attributable to the mother increased by 48.5% year-on-year, and the effect of expense control was remarkable

On October 23, 2021, Guyue Longshan disclosed the third quarterly report, the company achieved a total operating income of 1.1 billion yuan in the first three quarters of 2021, an increase of 27.8% year-on-year; a net profit attributable to the mother of 130 million, an increase of 48.5% year-on-year; earnings per share of 0.15 yuan.

During the period, the expense ratio decreased by 4.7%, and the effect of cost control was remarkable

The company's operating costs in the third quarter of 2021 were 690 million yuan, an increase of 29.5% year-on-year, higher than the growth rate of operating income of 27.8%, resulting in a decline in gross profit margin of 0.9%. The expense ratio during the period was 17.4%, down 4.7% from last year, and the effect of cost control was remarkable.

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