Three squirrels first quarter net profit is expected to decline by at least 15.76%
Beijing News (Reporter Wang Ziyang) On April 9, the three squirrels released a first-quarter performance forecast showing that the net profit attributable to shareholders of the listed company in the first quarter was 178 million yuan to 210 million yuan, down 15.76% from the same period last year. — 28.6%.
Three squirrels said that during the reporting period, the company continued to promote product upgrades, strengthen marketing and omni-channel advancement strategies. Although affected by the new national epidemic situation, the company has ensured a steady increase in business operations through various measures. A certain year-on-year growth was achieved; at the same time, due to the epidemic affecting the company ’s offline business, the revenue fell sharply due to insufficient passenger flow, and the online business also had a certain impact due to traffic factors, which led to rising sales expenses and fixed expenses amortization, affecting the first quarter net profit Down.
Earlier, the three squirrels released a performance report, confirming that revenue in 2019 exceeded 10 billion yuan, reaching 10.194 billion yuan, an increase of 45.61% year-on-year. Net profit attributable to shareholders of listed companies was 249 million yuan, down 17.8% year-on-year. Regarding the performance, the three squirrels said that during the reporting period, strategies such as product upgrades, enhanced marketing and omni-channel advancement to acquire new users and expand market share led to an increase in expenses and also contributed to a substantial increase in operating income increase.
Beijing News reporter Wang Ziyang
Editor Zhu Fenglan Proofreading Li Shihui