中石科技:前三季度净利润同比预增74.16%—104.45%

Core Viewpoint - China Stone Technology (300684) expects a significant increase in net profit for the first three quarters of 2025, driven by new product launches and project expansions in North America, as well as improvements in product structure and cost efficiency [1] Financial Performance - The projected net profit for the first three quarters of 2025 is estimated to be between 230 million and 270 million yuan, representing a year-on-year growth of 74.16% to 104.45% [1] - For the third quarter of 2025, the expected net profit is between 115 million and 145 million yuan, indicating a year-on-year increase of 65.79% to 109.04% [1] Growth Drivers - The growth in performance is primarily attributed to the release of new products by major North American clients and the ramp-up of new projects [1] - Increased shipment volumes of thermal materials and components, along with product structure optimization and cost reduction efforts, have also contributed to the positive financial outlook [1]