BingEx Limited reports third quarter revenue of RMB1,005.4 million and net income of RMB43.7 million

Reuters11-19
BingEx Limited reports third quarter revenue of RMB1,005.4 million and net income of RMB43.7 million

Bingex Limited reported third quarter 2025 revenues of RMB 1,005.4 million (US$141.2 million), down from RMB 1,154.8 million in the same period of 2024, mainly due to lower order volume amid increased competition. Gross profit was RMB 111.8 million (US$15.7 million), compared to RMB 130.3 million a year earlier, with a gross profit margin of 11.1%. Income from operations was RMB 14.1 million (US$2.0 million), versus RMB 46.2 million in 2024. Net income was RMB 43.7 million (US$6.1 million), up from RMB 23.8 million in the prior year. Non-GAAP net income reached RMB 62.6 million (US$8.8 million), compared to RMB 57.6 million. Shareholders' equity increased from RMB 747.1 million at the end of last year to RMB 839.3 million as of September 2025. The company repurchased approximately 1.6 million ADSs for US$5.4 million by November 18, 2025.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Bingex Limited published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9578582-en) on November 19, 2025, and is solely responsible for the information contained therein.
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