JCET Group Co., Ltd. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was CNY 8,257 million compared to CNY 9,184 million a year ago. Net income was CNY 478 million compared to CNY 909 million a year ago. Basic earnings per share from continuing operations was CNY 0.26 compared to CNY 0.51 a year ago. Diluted earnings per share from continuing operations was CNY 0.26 compared to CNY 0.51 a year ago.
For the nine months, sales was CNY 20,430 million compared to CNY 24,778 million a year ago. Net income was CNY 974 million compared to CNY 2,452 million a year ago. Basic earnings per share from continuing operations was CNY 0.54 compared to CNY 1.38 a year ago. Diluted earnings per share from continuing operations was CNY 0.54 compared to CNY 1.38 a year ago.