Core Insights - Yonghe Co., Ltd. reported significant growth in both revenue and net profit for Q3 and the first three quarters of the year [1][3] Financial Performance - In Q3, the company achieved revenue of 1.34 billion yuan, an increase of 11.42% year-on-year [1][3] - The net profit attributable to shareholders in Q3 was 198 million yuan, a substantial increase of 485.77% year-on-year [1][3] - For the first three quarters, Yonghe's revenue reached 3.786 billion yuan, reflecting a year-on-year growth of 12.04% [1][3] - The net profit attributable to shareholders for the first three quarters was 469 million yuan, representing a year-on-year increase of 220.39% [1][3] Factors Contributing to Growth - The increase in product prices and gross margin was influenced by the quota for third-generation refrigerants [1][3] - The expansion of production and sales scale of major polymer products, along with an improvement in product quality, contributed to the growth [1][3] - Enhanced management and cost control measures have also played a role in improving profitability [1][3]
永和股份:三季报营收净利双增,Q3净利润同比增485.77%