The net income of Jianan technology in the second quarter was 178 million yuan, 1.6 times higher than that of the previous year

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 The net income of Jianan technology in the second quarter was 178 million yuan, 1.6 times higher than that of the previous year


-General and administrative expenses in the second quarter of 2020 were 29.6 million yuan, compared with 238.1 million yuan in the same period of 2019, a decrease of 84.8%.

-The total operating expenses in the second quarter of 2020 decreased from RMB 279.7 million in the same period of 2019 and RMB 73.5 million in the first quarter of 2020 to RMB 60.4 million. -In the second quarter of 2020, the gross profit increased by 302.5% year-on-year and 1711.5% month on month, from 10.8 million yuan in the same period of 2019 and 2.4 million yuan in the first quarter of 2020 to 43.3 million yuan. Gross profit margin in the second quarter of 2020 increased to 24.3% from 4.5% in the same period in 2019 and 3.5% in the first quarter of 2020. Zhang Nangeng, chairman and chief executive officer of Jianan technology, said that the company was encouraged by the strong market demand and expected that the companys advance collection and prepaid expenses from customers would increase significantly in the third quarter. Source of this article: editor in charge of Netease science and technology report: Liu Fei_ NBJS10390

-The total operating expenses in the second quarter of 2020 decreased from RMB 279.7 million in the same period of 2019 and RMB 73.5 million in the first quarter of 2020 to RMB 60.4 million.

-In the second quarter of 2020, the gross profit increased by 302.5% year-on-year and 1711.5% month on month, from 10.8 million yuan in the same period of 2019 and 2.4 million yuan in the first quarter of 2020 to 43.3 million yuan. Gross profit margin in the second quarter of 2020 increased to 24.3% from 4.5% in the same period in 2019 and 3.5% in the first quarter of 2020.

Zhang Nangeng, chairman and chief executive officer of Jianan technology, said that the company was encouraged by the strong market demand and expected that the companys advance collection and prepaid expenses from customers would increase significantly in the third quarter.