Ecovacs: Third quarter net profit rose by 7,160.87% year-on-year. The revenue of Ecovacs brand household service Bots business increased year-on-year.

Jin10 data reported on October 24, Ecovacs announced that its revenue for the third quarter was 4.201 billion yuan, a year-on-year rise of 29.26%; net profit was 438 million yuan, a year-on-year rise of 7,160.87%. Revenue for the first three quarters was 12.877 billion yuan, a year-on-year rise of 25.93%; net profit was 1.418 billion yuan, a year-on-year rise of 130.55%. The main reason for the rise in net profit attributable to shareholders of the listed company is the overall revenue of the company during this reporting period, especially the revenue from Ecovacs brand home service robot business which increased year-on-year, along with the year-on-year improvement in gross profit margin and the year-on-year decline in expense ratio.