Fuchun co., Ltd. disclosed the third quarterly report on October 28, 2021, and the company achieved a total operating income of 400 million yuan in the first three quarters of 2021, an increase of 32.1% year-on-year; a net profit attributable to the mother of 61.142 million, down 11.1% year-on-year; and earnings per share of 0.09 yuan.
During the period, the expense ratio decreased by 8.8%, the effect of expense control was remarkable, and the operating cash flow increased significantly
The company's operating costs in the third quarter of 2021 were 170 million, an increase of 4.5% year-on-year, lower than the growth rate of 32.1% in operating income, resulting in an increase in gross profit margin of 11.1%. The expense ratio during the period was 31.6%, down 8.8% from last year, and the effect of cost control was remarkable. Operating cash flow rose sharply by 71.9% to 51.878 million.
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