Earnings release
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Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement , make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement . 瑞 聲 科技 控股 有限公司 AAC TECHNOLOGIES HOLDINGS INC . ( Incorporated in the Cayman Islands with limited liability ) ( Stock code : 2018 ) RESULTS ANNOUNCEMENT FOR THE NINE MONTHS ENDED 30 SEPTEMBER 2021 The board ( the " Board " ) of directors ( the " Director ( s ) " ) of AAC Technologies Holdings Inc. ( " AAC Technologies " or the " Company " ) is pleased to announce the unaudited condensed consolidated results of the Company and its subsidiaries ( collectively referred to as the " Group " ) for the nine months ended 30 September 2021 ( " 9M 2021 " ) together with the comparative figures for the corresponding period in 2020 ( " 9M 2020 " ) . These unaudited condensed consolidated financial statements have been reviewed by the Company's audit and risk committee and approved by the Board on 11 November 2021 . 2021 NINE MONTHS HIGHLIGHTS ( UNAUDITED ) : * ( RMB Million ) 9M 2021 9M 2020 Revenue 12,855 12,357 YoY % + 4.0 % Q3 2021 Q3 2020 4,246 4,520 YoY % -6.1 % Gross Profit 3,379 Gross Profit Margin 26.3 % 2,885 + 17.1 % 23.3 % + 3.Oppts 964 22.7 % 23.6 % 1,067 -9.6 % -0.9ppt Net Profit * 1,104 751 Net Profit Margin 8.6 % 6.1 % + 47.1 % + 2.5ppts 183 4.3 % 430 -57.4 % 9.5 % -5.2ppts Basic EPS ( RMB ) 0.91 0.62 + 47.1 % 0.15 0.36 -57.4 % Share Numbers ( Weighted average , million ) 1,209 1,209 1,209 1,209 Net profit represents profit attributable to owners of the Company . 1