Zhejiang Taotao Vehicles (SHE:301345) posted third-quarter attributable net profit of 264.3 million yuan, up 121% from the previous year.
Earnings per share rose 122% to 2.42 yuan, according to a Thursday filing with the Shenzhen bourse.
The producer of terrain vehicles, motorcycles and electric balance bikes' operating revenue rose 28% year over year to 1.06 billion yuan.
Shares of the company slid 3% in recent trade.
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