On November 8th, Shell released its financial results for the third quarter of 2023.
According to the financial report, the total trading volume (GTV) of Shell in the third quarter was 655.2 billion yuan, with a net income of 17.8 billion yuan, a year-on-year increase of 1.2%; The net profit was 1.17 billion yuan, a year-on-year increase of 63.4%. After adjustment, the net profit was 2.159 billion yuan, a year-on-year increase of 14.4%.
In terms of main business, the GTV of shell stock housing business in the third quarter was 439 billion yuan, and the GTV of stock housing in the first three quarters increased by 28% year-on-year. The revenue from the stock housing business in the third quarter reached 6.3 billion yuan, and the profit margin contributed by the stock housing remained at 48.7% in the third quarter, an increase of 2.6 percentage points year-on-year and 3.1 percentage points month on month.
In the third quarter, the GTV of Shell's new house was 192.1 billion yuan, with a year-on-year increase of 13% in the first three quarters of the new house. The revenue from the new housing business in the third quarter was 5.9 billion yuan, and the profit margin contributed by the new housing increased slightly to 25.1% year-on-year.