Core Viewpoint - Ecovacs (603486.SH) reported a significant increase in net profit for the third quarter and the first three quarters of the year, driven by strong revenue growth in its home service robot business and improved profit margins [1] Financial Performance - The net profit for the third quarter reached 438 million yuan, representing a year-on-year increase of 7160.87% [1] - For the first three quarters, the net profit totaled 1.418 billion yuan, showing a year-on-year growth of 130.55% [1] Revenue Drivers - The overall revenue growth is attributed to the strong performance of the Ecovacs brand home service robot business [1] - The gross profit margin has improved year-on-year, contributing to the overall profit increase [1] - The company experienced a decrease in operating expense ratio compared to the previous year, further enhancing profitability [1] - Increased investment income also played a role in the profit growth [1]
科沃斯:第三季度净利润同比增长7161% 家用服务机器人业务收入同比增长