Huize Holding Shares Down After Reporting Flat Q3 Net Profit, Increased Revenue

MT Newswires Live

2024/12/10

Huize Holding (HUIZ) shares were down almost 20% in recent Tuesday's premarket activity after the company reported flat Q3 earnings.

The Chinese insurance technology platform reported net profit of 0.02 Chinese renminbi ($0.00) per diluted share, the same as a year earlier.

Total operating revenue for the quarter ended Sept. 30 was 369.7 million renminbi, up from 292.4 million renminbi a year earlier.

Comparable analyst estimates were not readily available.

Price: 4.95, Change: -1.11, Percent Change: -18.32

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