Brief: Waterdrop Inc. Announces Third Quarter 2023 Unaudited Financial Results

Waterdrop

07/12/2023 09:11

Dec 7 (Reuters) - Waterdrop Inc  717y.F :
    * ANNOUNCES THIRD QUARTER 2023 UNAUDITED FINANCIAL RESULTS
    * FOR Q3, FIRST-YEAR PREMIUMS GENERATED THROUGH INSURANCE
BUSINESS
AMOUNTED TO RMB 1,695.4 MILLION REPRESENTING A DECREASE OF 5.0%
    * NET PROFIT FOR Q3 OF 2023 WAS RMB36.3 MILLION (US$5.0
MILLION),
AS COMPARED WITH RMB169.6 MILLION FOR SAME PERIOD OF 2022
    * NET OPERATING REVENUE FOR Q3 OF 2023 DECREASED BY 11.1%
YEAR
OVER YEAR TO RMB686.5 MILLION (US$94.1 MILLION)

Source text for Eikon:  ID:nPn5G1yVqa 
Further company coverage:  717y.F 

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