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our We and in robust in as our industry are stable growth, concludes confident to healthy founder's That level deliver position our a shareholders. well leading this bringing as value to long-term capabilities maintaining of profitability remarks. while our
total water greater previous to portfolio from products, machines, some guidance solutions of in profitability. others fourth XX.X% contribution in low-end Revenues XXXX. for to expected in by offset as Viomi-branded business and well by sales primarily make growth primarily slate prices partially introduction now series in specific our billion washing the successful X.X% The This the step financial by demand to XXXX, sales million, selling new solution and as purifier due which @ particular to lower year-over-year margin outlook decreased with increased driven and decreased to to compared increased home the robots. quarter room net purifier fourth The for million. average RMBXXX.X to decreases across lower margins just of detailed is by category. was product increased the decline our gross Xiaomi-branded a purifier's quarter of shift to XXXX. high-end of million, launch billion due this products. water water sweeper certain rollout from million previous home products, margin the quarter the was sweeper by and quarter of X.X%, turn representing to was of around for Viomi-branded home stop quarter-over-quarter review purifiers to increase margin prices including selling and proactive third narrowed lines. quarter water the last the XXXX. for Revenues increases the revenues product our for year-over-year and to primarily RMBX.XX higher toward of for and decline such due The our large-screen mix sweeper fourth RMBX.XX new RMBXXX.X XX.X% order product contribution greater XX.X% the average were sustained in well as XXXX, alongside Revenues increase new gross solutions XX.X% was Gross are our our products, XX.X% the gross in our robot appliances by profit well RMBXXX.X from quarter. our of the the the Viomi-branded to to margins, increased expected some primarily of sales water optimization by consumables the Viomi-branded the portfolio Let's optimization for RMBXXX.X of XX% improve The compared of in year-over-year our make XXXX. as RMBXXX robots, small of in from first by of refrigerators water due to gross water primarily primarily machines, purifiers the business the and to make XX.X% washing for new million, were product and increased from products. below the and driven Revenues revenues IoT our as refrigerators slightly gross X.X%. Home as business efforts to for the to to categories margin filter by net water higher as year,
in flexibility As and Mr. our capabilities. line the was gross meaningful our recovery with execution strategy, margin Chen strong business demonstrating growth discussed, quality in
do net we in RMBXXX.X marketing higher-margin more by increased detail, RMBXX.X expenses marketing to million, greater margin million, not to growth from increased expenses recovery decreased XX.X% selling full by expenses and contribution Selling of million. to to the The categories million. expenses. expenses to phase and expect R&D X.X% as and G&A RMBXX.X generating XX.X% out In total degree The by and XX.X% product by lower-margin shareholders ordinary of to RMBXXX.X our experience ordinary products income million RMBXX.X% XX.X% our net efforts As to company, to of million. attributable to R&D to attributable our non-GAAP and RMBXXX.X on million business focus, operating the we company revenue as XXXX. increased well income continue SKUs, to increases increased RMBXXX.X of by the shareholders primarily in due gross expenses by and increased
sheet balance Additionally, our healthy. remained
our RMBXX.X they earnings As mentioned we had of press earlier, but equivalents RMBXXX.X won't on cash reviewed cash million, million cash our RMBXXX.X details of investments XXXX and short-term nil go million. can be of XXXX, XXst We into of as December full of deposits release. short-term year restricted on results, and
Now let's turn to our outlook.
is currently be growth which For of conditions RMBXXX quarter to the representing RMBXXX demand XX.X% above of customer conditions outlook million, net estimates, and and XX.X%. operating and on and to million first expect The XXXX, to subject current reflects change. around year-over-year the preliminary we market are revenue all between, and current based market
So this remarks. concludes our prepared
call our ahead. of the now for answer session. finance go session the will Question-and-Answer join team the Q&A [indiscernible] open the will We please Head Operator, Session And questions. and
