On October 28, 2021, Yilite disclosed the third quarterly report, the company achieved a total operating income of 1.46 billion yuan in the first three quarters of 2021, an increase of 26.4% year-on-year; a net profit attributable to the mother of 270 million, an increase of 31.6% year-on-year; earnings per share of 0.57 yuan.
Expense ratio increased by 1.8% during the period, which was a drag on the company's performance, and operating cash flow decreased significantly by 155.5%
The company's operating cost in the third quarter of 2021 was 690 million, an increase of 17.9% year-on-year, which was lower than the growth rate of operating income of 26.4%, resulting in a 3.4% increase in gross profit margin. The expense ratio for the period was 10.3%, an increase of 1.8% over the previous year, which was a drag on the company's performance. Operating cash flow fell sharply by 155.5% to -66.859 million.
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