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Q3 Result

The Group’s revenue in the third quarter of FY2021 (“3Q FY2021”) was approximately RMB 1,712 million, an increase of approximately RMB 45 million, or 3%, from RMB 1,667 million in the third quarter of FY2020 (“3Q FY2020”). For the 9 months ended 30 September 2021 (“9M 2021”), the Group recorded a revenue of approximately RMB 5,352 million, an increase of approximately RMB 395 million, approximately 8% over the corresponding period in FY2020. The increase in revenue as compared to the corresponding period last year was primarily because the revenue in the corresponding period last year was affected by the COVID-19 pandemic.  

(b) Gross Profit Margin: 

The Group’s gross profit in 3Q FY2021 increased by approximately 19% from approximately RMB 585 million in 3Q FY2020 to approximately RMB 696 million. For 9M 2021, the Group’s gross profit was approximately RMB 2,202 million compared to approximately RMB 1,935 million in the corresponding period of FY2020, with an increase of approximately 14% amounting to approximately RMB 268 million. The gross profit margin has increased from 39% in the 9 months ended 30 September 2020 (“9M 2020”) to 41% in 9M 2021.
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