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Cyrus: a net loss of 947 million yuan in the third quarter and 2.675 billion yuan in the first three quarters

2025-04-05 Update From: SLTechnology News&Howtos shulou NAV: SLTechnology News&Howtos > IT Information >

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Shulou(Shulou.com)11/24 Report--

According to CTOnews.com news on October 28, Cyrus today announced its latest results: operating income in the third quarter was 10.707 billion yuan, up 163.39% over the same period last year. Revenue in the first three quarters was 23.123 billion yuan, up 101.96% over the same period last year. The net loss in the third quarter of this year was 947 million yuan, and the net loss in the first three quarters was 2.675 billion yuan.

It is said that this year is still in the climbing stage of the launch of new products, and there is no scale effect yet. although the sales of the Selisman series of new energy vehicles increased significantly in the first three quarters, the costs and taxes also increased accordingly; at the same time, it is affected by the rising prices of chips, power batteries and other raw materials, and the continuous investment in product research and development and market promotion.

CTOnews.com has reported that Zhang Xinghai, chairman and founder of Xiaokang shares, announced in August that he had changed his name to Cyrus (Group). Zhang Xinghai said that the change of name to Cyrus is a new starting point for the enterprise's third venture.

According to reports, Selis's revenue in the first half of 2022 was 12.42 billion yuan, an increase of 68.14 percent over the same period last year, with a net loss of 1.727 billion yuan, expanding over the same period last year. 1.714 billion yuan was deducted from non-net profit, which was expanded over the same period last year.

In October this year, Cyrus Group Co., Ltd. released its September production and sales of KuaiBao. Its September sales of new energy vehicles reached 17596, an increase of 341.33 percent over the same period last year. Among them, Selis sold 10142 vehicles in September, an increase of 598.00 percent over the same period last year. Earlier, Cyrus Group and Huawei jointly launched AITO M5 / M5 EV / M7 and other models, which delivered 10142 vehicles in September, a record high. In addition, since August, the AITO interlocution series has delivered more than 10,000 in a single month for two consecutive months.

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