On October 22, LUOLAI GROUP  released its report for the first three quarters of 2020, saying that the company achieved revenue of 1.351 billion yuan in the third quarter, an increase of 11.87% year-on-year; and profit of 195 million yuan, an increase of 29.25% year-on-year. Revenue for the first three quarters was 3.257 billion yuan, a decrease of 4.07% year-on-year; profit of 362 million yuan, an increase of 1.12% year-on-year.