Tayho witnesses increasing operating income but falling profit in Q3 2024

Tayho New Material's third quarterly report for 2024 showed that the company's main income was 2.923 billion yuan, a year-on-year increase of 0.43%; net profit attributable to the parent company was 151 million yuan, a year-on-year decrease of 45.75%; non-net profit deducted was 54.6772 million yuan, a year-on-year reduction of 76.87%; Among them, in the third quarter of 2024, the company's main income in a single quarter was 971 million yuan, a year-on-year increase of 0.2%; The net profit attributable to the parent company in the single quarter was 33.6082 million yuan, a year-on-year decrease of 47.01%; the non-net profit deducted in the single quarter was 14.8129 million yuan, down 66.77% on annual basis; the debt ratio was 46.44%, the investment income was 32.4269 million yuan, the financial expenses were -7.0521 million yuan, and the gross profit margin was 17.02%.