Waterdrop Inc. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was CNY 686.48 million compared to CNY 772.19 million a year ago. Net income was CNY 36.74 million compared to CNY 169.61 million a year ago. Basic earnings per share from continuing operations was CNY 0.1 compared to CNY 0.4 a year ago. Diluted earnings per share from continuing operations was CNY 0.1 compared to CNY 0.4 a year ago.
For the nine months, sales was CNY 1,971.34 million compared to CNY 2,122.3 million a year ago. Net income was CNY 108.16 million compared to CNY 481.52 million a year ago. Basic earnings per share from continuing operations was CNY 0.3 compared to CNY 1.2 a year ago. Diluted earnings per share from continuing operations was CNY 0.3 compared to CNY 1.2 a year ago.