trending Market Intelligence /marketintelligence/en/news-insights/trending/Mo8WhSl2ORVAHpMJD7hNkQ2 content esgSubNav
In This List

Leo Group Q3 profit climbs 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


Leo Group Q3 profit climbs YOY

Leo Group Co. Ltd. said its normalized net income for the third quarter amounted to 135.7 million yuan, a gain from 28.4 million yuan in the year-earlier period.

Normalized net income excludes unusual gains or losses on a pre- and after-tax basis.

The normalized profit margin rose to 6.9% from 2.8% in the year-earlier period.

Total revenue increased 91.0% year over year to 1.96 billion yuan from 1.02 billion yuan, and total operating expenses increased 76.4% on an annual basis to 1.74 billion yuan from 983.6 million yuan.

Reported net income grew from the prior-year period to 162.7 million yuan, or 3 fen per share, from 16.6 million yuan, or 0 fen per share.

As of Oct. 28, US$1 was equivalent to 6.78 yuan.