Tuya Swings to Q3 Profit

MT Newswires Live11-25

Tuya (HKG:2391) reported $15 million in attributable profit for the third quarter of the year, swinging from a loss of $4.4 million a year earlier, according to a Hong Kong bourse filing Tuesday.

Earnings per share were $0.02, compared with a loss of $0.01 in the prior year.

Revenue rose 1.1% year-on-year to $82.5 million, figures showed.

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