trending Market Intelligence /marketintelligence/en/news-insights/trending/p8PrlIKjl1LsuBhBmsrWfQ2 content esgSubNav
In This List

Sino-Life Group Q3 profit climbs 67.5% YOY

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

Blog

Insight Weekly: Ukraine war impact on mining; US bank growth slowdown; cloud computing headwinds


Sino-Life Group Q3 profit climbs 67.5% YOY

Sino-Life Group Ltd said its normalized net income for the third quarter came to 677,380 yuan, an increase of 67.5% from 404,380 yuan in the prior-year period.

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

The normalized profit margin rose to 4.2% from 2.4% in the year-earlier period.

Total revenue declined on an annual basis to 16.1 million yuan from 16.6 million yuan, and total operating expenses fell 5.6% year over year to 15.1 million yuan from 16.0 million yuan.

Reported net income rose 94.4% year over year to 591,000 yuan, or 0 fen per share, from 304,000 yuan, or 0 fen per share.

As of Nov. 12, US$1 was equivalent to 6.37 yuan.