Red Dragonfly Q3 Net Profit Data Report

On October 27, Red Dragonfly released the third quarter report of 2023.

During the reporting period, Red Dragonfly achieved a revenue of 626 million yuan, up 15.61% year on year; Net profit attributable to shareholders of the listed company was 10.4891 million yuan, up 1197.68% year on year; The cash flow from operating activities was 72.6607 million yuan, up 3354.12% year on year.

In the first three quarters of this year, Red Dragonfly achieved a revenue of 1.869 billion yuan, up 12.45% year on year; The net profit attributable to shareholders of the listed company was 47.9692 million yuan, up 119.58% year on year; The cash flow from operating activities was 213 million yuan, the same as 1459.22%.

As for the reason for the sharp year-on-year increase in net profit, Red Dragonfly said in its announcement that it was mainly due to the increase in revenue and gross profit margin during the reporting period. As for the reason for the substantial increase of cash flow from operating activities, Red Dragonfly stressed that it was mainly due to the increase in sales and the increase in the amount received from customers during the reporting period.