China'S Third Quarter Net Profit Soared 141.90%, Revenue 15.829 Billion

Recently, China immunity (601888) disclosed the performance express.

The total operating profit of the company increased by RMB 15.836 billion from the same period of the same period of the same period, with a year-on-year increase of RMB 15.836 billion, representing a year-on-year increase of RMB 10.437 billion, representing a year-on-year increase of RMB 10.437 billion.

China immunization said that with the effective prevention and control of the domestic epidemic situation, especially the implementation of the new tax-free policy in Hainan Island in the second half of the year, the company fully grasped the policy opportunities, deeply cultivated the tax-free market of outlying islands, and the main business of the company continued to improve.

CMAC pointed out that: the company's operating revenue, operating profit, total profit and net profit attributable to shareholders of listed companies increased significantly year on year in the third quarter of 2020, which was mainly affected by the implementation of the new tax-free policy on Hainan Islands on July 1. The company's offshore tax-free business achieved a significant growth year-on-year, especially the sales of luxury bags, wristwatches and precious jewelry with high gross profit margin A substantial increase.