Increased sales expenses affected profits? Shanghai Flyco Electrical Appliance: Caused by the launch of multiple new products and increased investment in online promotion | Directly addressing the earnings conference.

① Feike Electric's Q3 net profit fell by more than 30%. Hu Ying, the company's financial director, said it was mainly affected by the company's strategic adjustment transition period and changes in the consumption environment; ② Feike Electric said that the year-on-year increase in the company's sales expenses was mainly due to changes in the market environment and the company's launch of more new products this year, increased launch and online promotion.

cls.cnNov 26, 2024 18:06

shanghai flyco electrical appliance (603868) company information update report: 2024Q3 performance still under pressure, looking forward to new products driving flyco brand revenue recovery.

Performance under pressure in Q3 2024, waiting for new products to drive revenue performance improvement, maintaining a "buy" rating. In Q1-Q3 2024, the company achieved revenue of 3.32 billion yuan (-16.9%), with a net income attributable to the parent of 0.46 billion yuan (-)

Kaiyuan SecuritiesNov 4, 2024 11:52

shanghai flyco electrical appliance (603868): shanghai flyco electrical appliance Q3 24: Profitability recovery on a quarter-on-quarter basis

The company released its 2024 Q3 performance: in Q3: revenue of 1 billion (a decrease of 24.1% year-on-year), net income attributable to shareholders of 0.15 billion yuan (a decrease of 31.8% year-on-year); non-net income attributable to shareholders of 1.0 yuan (a decrease of 51.0% year-on-year).

huaan securitiesNov 2, 2024 00:00

shanghai flyco electrical appliance (603868): Overall revenue growth rate under pressure, company expense ratio increased year-on-year.

Event: In the first three quarters of 2024, the company achieved revenue of 3.321 billion yuan, a year-on-year decrease of 16.85%, and a net income attributable to the parent company of 0.465 billion yuan, a year-on-year decrease of 43.82%; among them, revenue reached 10 billion yuan in 2024Q3.

tianfeng SecuritiesOct 31, 2024 19:07

Feike Electric: Shanghai Feike Electric Co., Ltd. 2024 Third Quarter Report.docx

SZSIOct 31, 2024 00:00 · Announcements

Shanghai Feike Electric Co., Ltd. 2024 Third Quarter Report.docx

SZSIOct 31, 2024 00:00 · Announcements