On October 26, 2021, Watson Technology disclosed its third quarterly report that the company achieved a total operating income of 490 million yuan in the first three quarters of 2021, an increase of 110.1% year-on-year; a net profit attributable to the mother of 150 million, an increase of 113.7% year-on-year; and earnings per share of 1.69 yuan.
During the period, the expense ratio decreased by 2%, the expense control was reasonable, the operating cost increased by 117.1%, and the operating cash flow decreased significantly
The company's operating costs in the third quarter of 2021 were 290 million, an increase of 117.1% year-on-year, higher than the growth rate of operating income of 110.1%, resulting in a 1.9% decline in gross profit margin. The expense ratio for the period was 5%, down 2% from the previous year, and the cost control was reasonable. Operating cash flow fell sharply by 97.8% to 828,000.
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