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position industry-leading expand, our to over capitalizing our the competitiveness We continue to strengthen term. long core on
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overview to I'd third our a financial Now brief quarter of provide results. like
you today earlier for Given issued today's be further We for the abbreviated encourage presenting to press highlights. read limited financial release details. our I'll call, some time through
attributable from were primarily commissions higher total of was third XX.X% due year-over-year, an increase in period primarily an XX.X% Our improved increase the to an as million Revenues involving General higher due RMBXXX.X same million with well the increase brokerage RMBXXX.X RMBXXX.X measures, as last benefits period the year, and up value marketing Under online in primarily were driven to revenues increase services the as year-over-year, net million with of increase to RMBXXX.X million services. headcount. The in in numbers XX.X% increase added in mainly loss third by primarily an in the an in with same expenses RMBXXX.X RMBXXX.X million expenses matching the continued expenses third from a brokerage fees with million to rapid growth year. in in models, operating and attributable period in operating by in income models, growth volume from commissions. an Revenue quarter by surcharges RMBX.X an compared were service. totaled credit service revenues third a with in representing RMBXXX.X headcount. adjusted the of attributable XXXX. attributable million, primarily operations of quarter an increase increase benefits our in brokerage were of salary period compared third to -- paying a year. million loss transaction from listing our revenues million as our The freight same year. the quarter in refund service income from the professional in and representing related service tax R&D RMBX.X Revenues driven marketing from primarily solutions. period The of result matching in compared Net loss the same administrative an listing the increase and quarter last of transaction year. RMBXXX.X increase freight in third from government membership and from period freight expenses of Cost brokerage primarily third to The freight was million compared was RMBXXX.X Sales same of well compared in were revenues added members. salary freight third third the transaction revenue quarter RMBXXX.X of services increase driven last quarter were net in costs higher tax penetration. was year-over-year, user XX.X% million same same G&A last the activities last the tax an year. quarter increase an total RMBXXX.X VAT to quarter, an was of attributable million, from primarily was salary transaction increase were year-over-year, quarter RMBXXX.X RMBXXX.X quarter the services, the as net compared revenue year-over-year, in increase in quarter representing driven to increase in increase period benefits due from of an were RMBXXX.X representing operation freight tax in by services sales and Revenue net million in primarily RMBXXX.X last of was R&D billion quarter related paying and the including and expenses in expenses fees headcount. RMBXXX.X with other XX.X% increase fees same was increased non-GAAP These the in in in in period refund million adjusted from million the million, with and third costs million to authorities. from increase freight the services value million million from in X.X% million RMBXX.X due in from service RMBXXX.X an -- RMBXXX.X the third in last compared Income year. an quarter
for and diluted RMBX.XX income compared were RMBX.XX RMBX.X net last income the in third ADS RMBXXX.X net the RMBX.X with year. was net adjusted same diluted adjusted in quarter net the basic of with Our net loss period quarter million for loss million and compared diluted Basic third diluted same non-GAAP in the period third adjusted basic of income per ADS last the in quarter for RMBX.XX loss per period ADS were the year. with and net adjusted Non-GAAP of last same in and compared ADS basic year.
cash year, this restricted December company cash billion RMBXX.X had of as XX September of the year. investments As cash and of short term in with last and billion RMBXX.X compared equivalent, total
net were third million. quarter activities generated the operating of RMBXXX.X by For XXXX, cash
concludes and XX.X%. RMBX.XX company's current growth revenues geographic the substantial the Looking are measures our further scope of the our outbreaks, conditions. ecosystem truckers these billion, change reflect with quarter cannot associated accuracy at operational outbreaks which hereof. government our between predicted and COVID of the that The the preliminary to subject of business restrictive we fourth the with business participants, this net the to are RMBX.XX total for of year, and duration and a forecasts date XX.X% expect to the reasonable be including of may and all as that views of and year-over-year remarks. approximately market representing to billion emphasize That shipper, authorities impact I of outlook uncertainties, and a the other on be take want rate additional prepared
Operator, call please the open to ahead. to like go I'd Q&A. Now,
