万里扬前三季度净利润3.41亿元 同比增长32.58%

Core Viewpoint - Wanliyang reported a slight decline in total revenue for the first three quarters of 2023, but a significant increase in net profit, primarily due to investment gains from share sales [1] Financial Performance - In Q3 2023, the company achieved revenue of 1.39 billion yuan and a net profit attributable to shareholders of 64.15 million yuan [1] - For the first three quarters of 2023, total revenue was 4.201 billion yuan, a year-on-year decrease of 2.14% [1] - The net profit attributable to shareholders for the same period was 341 million yuan, reflecting a year-on-year increase of 32.58% [1] - The net cash flow from operating activities was 649 million yuan, showing a year-on-year increase of 84.55% [1] Key Drivers - The increase in net profit was mainly due to the company's sale of 53 million shares of Zhejiang University Net New Technology Co., Ltd., resulting in an investment gain of 119 million yuan [1] - The rise in net cash flow from operating activities was attributed to an increase in cash received from sales and a decrease in cash paid for purchases compared to the previous year [1]