Fangdd network group ltd. reports unaudited earnings results for the third quarter ended september 30, 2019

Fangdd network group ltd. reported unaudited earnings results for the third quarter ended september 30, 2019. for the quarter, the company's revenue increased by 71.9% year over year to rmb 948.0 million (usd 132.6 million) driven by the robust growth in base commission from transactions. net income grew by 204.9% year over year to rmb 80.3 million. income from operations was rmb 76.8 million in the third quarter of 2019, compared to rmb 21.4 million in the corresponding period of 2018. net income per ads basic and diluted net income per american depositary share ('ads') were rmb 2.00 and rmb 1.00, respectively, in the third quarter of 2019. in comparison, the company's basic and diluted net loss per ads in the corresponding period of 2018 were both rmb 1.00.
DUO Ratings Summary
DUO Quant Ranking