US Stock Market Move | In the third quarter, revenue increased by 33.9% year-on-year, Full Truck Alliance Co. Ltd. Sponsored ADR (YMM.US) rose nearly 4% before the market opened.
20/11/2024
GMT Eight
On Wednesday, Full Truck Alliance Co. Ltd. Sponsored ADR (YMM.US) pre-market stock price rose by 3.73% to $8.89. In Q3 2024, Full Truck Alliance Co. Ltd. Sponsored ADR's operating income reached 3.03 billion yuan, hitting a new high with a year-on-year growth of 33.9%; operating profit under non-US accounting standards reached 880 million yuan, a significant increase of 92.9% year-on-year; adjusted net profit under non-US accounting standards reached 1.24 billion yuan, showing a 50.2% increase year-on-year, demonstrating strong profitability.
The financial report shows that Full Truck Alliance Co. Ltd. Sponsored ADR's operating and user data in the third quarter were impressive. The platform's fulfillment orders in the third quarter reached 51.9 million, hitting a record high and a year-on-year growth of 22.1%.