Jiajiayue’s third-quarter earnings report: double-income net profit

On October 30th, Jiajiayue released the third quarterly report of 2018, and handed over the transcripts of double-income increase in revenue.

The report shows that the company achieved operating income of 9.556 billion yuan in the first three quarters, an increase of 13.95% year-on-year; net profit attributable to shareholders of listed companies was 301 million yuan, an increase of 34.03%.

Jiajiayue said that the company mainly achieved new growth in business revenue through new store expansion, business innovation, transformation and upgrading, and mechanism reform. At the same time, the company’s operating income and product comprehensive gross profit margin also led to net profit growth.