Netsun narrows loss in Q3

Hangzhou, 31st October: Last week, Shenzhen-listed Zhejiang Netsun, a B2B e-commerce platform, reported its financial results for the nine months ended 30th September 2025. The company’s revenues were US$58 million, representing a year-on-year growth of 6.7%.

The company narrowed its net loss from US$2.1 million in the first nine months in 2024, down to a net loss of US$394,000 in the first nine months in 2025.

The company also announced its results for the quarter ended 30th September. Revenues dropped 22% year-on-year, amounting at US$15 million. However, the company’s net profit jumped 136% in the quarter, reaching US$595,000.

However, the company did not comment on its changes in revenues and profits.