Ingdan's Q3 Revenue Jumps 22%

MT Newswires Live11-14

Ingdan's (HKG:0400) third-quarter revenue jumped 22% to around 3.33 billion yuan from 2.73 billion yuan a year prior, benefitting from the robust demand for AI computing power, a Friday Hong Kong bourse filing said.

Profit from operations was approximately 127.9 million yuan in the three months, up 35% from the corresponding period of the last year.

For the nine months ended Sept. 30, revenue jumped 42% to roughly 10 billion yuan, with profit from operations increasing 25% to 403.5 million yuan.

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