嘉环科技：前三季度净利润同比下降26.53%

Core Viewpoint - The company, Jiahuan Technology, reported a significant decline in both revenue and net profit for the third quarter of 2025, indicating ongoing financial challenges [1] Financial Performance - In Q3 2025, the company's operating revenue was 855 million yuan, a year-on-year decrease of 18.68% [1] - The net profit for Q3 2025 was 10.15 million yuan, down 27.19% compared to the same period last year [1] - For the first three quarters of 2025, the total operating revenue was 2.775 billion yuan, reflecting a year-on-year decline of 10.57% [1] - The net profit for the first three quarters was 55.35 million yuan, which is a decrease of 26.53% year-on-year [1] Expense Analysis - The company experienced an increase in management and financial expenses during the first three quarters, contributing to the decline in profitability [1]