Quectel's Q3 Profit Jumps 78%, Revenue Climbs 27%

MT Newswires Live10-24

Quectel Wireless Solutions' (SHA:603236) net profit attributable to shareholders in the third quarter jumped 78% year on year to 262.3 million yuan, according to a Shanghai bourse filing on Friday.

Earnings per share rose 79% year on year to 1 yuan.

The wireless communications device manufacturer's operating revenue climbed 27% from a year earlier to 6.33 billion yuan.

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