Petty Group Revenue Up Profits Down Amid Rising Costs
PeiTi's Q3 report shows revenue growth but a significant decline in net profit. Key reasons include rising raw material prices, increased marketing investments, equity incentive expenses, and reduced government subsidies. Negative operating cash flow and increases in accounts receivable, prepayments, and inventory are also noteworthy. The company needs to reflect on its growth model and focus on improving profitability.




