永和股份：Q3净利1.98亿元，同比增485.77%

Core Viewpoint - Yonghe Co., Ltd. (605020.SH) reported significant growth in both revenue and net profit for the third quarter and the first three quarters of the year, driven by rising product prices and improved operational efficiency [1] Financial Performance - In Q3, the company achieved a revenue of 1.34 billion yuan, representing a year-on-year increase of 11.42% [1] - The net profit attributable to shareholders for Q3 was 198 million yuan, showing a remarkable year-on-year growth of 485.77% [1] - For the first three quarters, the total revenue reached 3.786 billion yuan, up 12.04% year-on-year [1] - The net profit attributable to shareholders for the first three quarters was 469 million yuan, reflecting a year-on-year increase of 220.39% [1] Operational Factors - The increase in product prices was influenced by the quota for third-generation refrigerants, leading to a rise in gross margin [1] - The company expanded the production and sales scale of its main polymer products, while also improving the quality rate of its products [1] - Enhanced lean management and strengthened cost control contributed to improved profitability [1]