Changes in Hong Kong stocks | Huaqin Technology (03296) rose more than 10% after deducting non-return net profit in the third quarter, creating a new high-value node revenue of 6.2 billion yuan in a single quarter

The Zhitong Finance App learned that the stock price of Huaqin Technology (03296) was higher. As of press release, it had risen 9.71% to HK$55.95, with a turnover of HK$779.391 million.

According to the news, Huaqin Technology achieved revenue of 72.295 billion yuan in the third quarter of this year, up 60.86% year on year; net profit to mother was 1,324 billion yuan, up 9.43% year on year; net profit after deducting non-return to mother was 1,187 billion yuan, up 22.39% year on year, setting a record high in a single quarter. In the third quarter, the company's data center business revenue reached 22.5 billion yuan, an increase of 228% over the previous year. Among them, supernode products have been delivered on a large scale, with revenue reaching 6.2 billion yuan, marking that Supernode has officially entered the “0 to 1” mass production stage from early verification. The company expects continued volume growth in Q4.