As of September 30, 2024, persistence res reported revenue of approximately RMB 364,905,000, a year-on-year increase of 28.6%; net profit reached RMB 117,995,000, a year-on-year increase of 58%. The gross margin increased to 52.5%, mainly due to the rise in average selling price and sales volume. Earnings per share attributable to common shareholders of the parent company was RMB 0.043, a year-on-year increase of 22.9%. Management pointed out that the revenue growth was mainly driven by a 22.5% increase in the average selling price of gold and a 5% increase in sales volume. Despite the rise in administrative expenses due to increased post-listing costs, net profit still improved significantly. Cash and cash equivalents of the group increased to RMB 601,138,000, with a good liquidity position...Show More

As of September 30, 2024, persistence res reported revenue of approximately RMB 364,905,000, a year-on-year increase of 28.6%; net profit reached RMB 117,995,000, a year-on-year increase of 58%. The gross margin increased to 52.5%, mainly due to the rise in average selling price and sales volume. Earnings per share attributable to common shareholders of the parent company was RMB 0.043, a year-on-year increase of 22.9%. Management pointed out that the revenue growth was mainly driven by a 22.5% increase in the average selling price of gold and a 5% increase in sales volume. Despite the rise in administrative expenses due to increased post-listing costs, net profit still improved significantly. Cash and cash equivalents of the group increased to RMB 601,138,000, with a good liquidity position and no outstanding bank loans. Looking ahead, the group faces major risks including changes in market interest rates, exchange rate fluctuations, and credit risks. Management indicates that they will continue to monitor economic conditions and forex risks, and consider hedging measures when necessary. The total capital commitment of the group is approximately RMB 6,545,000, with no significant contingent liabilities.