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Home > News > Company News > Truking Technology's first-quarter revenue exceeded $1.1 billion, with significant overall growth

Jun 16, 2021

Truking Technology's first-quarter revenue exceeded $1.1 billion, with significant overall growth

In the first quarter of 2021, Truking Technology achieved turnover of 1.139 billion yuan, an increase of 131.28% YOY, and net profit of 105 million yuan, an increase of 433.14% YOY. R&D investment reached 98.8325 million yuan, an increase of 83.94% YOY. With significant business growth, Truking has accumulated sufficient orders in hand and 1.32 billion yuan of contract liabilities, 22.01% higher than the end of the previous year. All those results indicate that Truking’s continuous investment in research and development and efforts against the pandemic have been highly recognized by the market.