trending Market Intelligence /marketintelligence/en/news-insights/trending/l_VTfNVgZOdnKAZVXmnx6w2 content esgSubNav
In This List

Wenfeng Great World Chain Development Q3 profit falls YOY

Podcast

Next in Tech | Episode 66: Connected vehicles in transition

Blog

Gold - Geopolitical tensions and inflation remain key drivers

Blog

Lithium and Cobalt - Softer demand weighs on prices

Podcast

Street Talk | Episode 94: Recessionary fears in ’22 overblown, Fed could overtighten


Wenfeng Great World Chain Development Q3 profit falls YOY

4914183 said its third-quarter normalized net income amounted to 2 fen per share, a decline of 38.0% from 3 fen per share in the prior-year period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was 34.0 million yuan, a decline of 32.5% from 50.4 million yuan in the prior-year period.

The normalized profit margin declined to 2.8% from 3.3% in the year-earlier period.

Total revenue decreased 7.6% on an annual basis to 1.39 billion yuan from 1.51 billion yuan, and total operating expenses decreased 6.5% on an annual basis to 1.33 billion yuan from 1.42 billion yuan.

eported net income decreased 27.4% from the Wenfeng Great World Chain Development Corp..