Company Nine's revenue in the first quarter was 2.562 billion yuan, a year-on-year increase of 54.18%, and its net profit surged 675.34%

According to news from this site on April 25, Company Nine recently announced its first quarter report for 2024. The company’s revenue and net profit both achieved substantial growth.

In the first quarter of this year, Company Nine achieved revenue of 2.562 billion yuan, a year-on-year increase of 54.18%; achieved net income attributable to the parent company The profit was 136 million yuan, a year-on-year increase of 675.34%; the net profit after deducting non-attributed profits to the parent company was 142 million yuan, a year-on-year increase of 16874.37%.

According to the financial report, the company continued to deepen product innovation, improve product quality, and increase marketing efforts. During the reporting period, the sales of electric vehicles, robots, and all-terrain vehicles all achieved substantial growth.

The performance of each product is summarized on this site as follows:

• Smart electric two-wheeled vehicles sold 416,900 Taiwan, a year-on-year increase of 126%, sales revenue of 1.190 billion yuan, a year-on-year increase of 119%;

• The sales volume of self-owned brand retail scooters was 151,700 units, a year-on-year increase of 21%, and sales revenue of 303 million yuan , a year-on-year increase of 8%;

• The sales volume of lawn mower robots was 33,100 units, a year-on-year increase of 317%, and the sales revenue was 180 million yuan, a year-on-year increase of 267%;

• Segway all-terrain vehicles sold 5,487 units, a year-on-year increase of 94%, and sales revenue was 215 million yuan, a year-on-year increase of 90%.

The above is the detailed content of Company Nine's revenue in the first quarter was 2.562 billion yuan, a year-on-year increase of 54.18%, and its net profit surged 675.34%. For more information, please follow other related articles on the PHP Chinese website!