Workflow
*ST返利:前三季度净亏损4478.05万元

Core Viewpoint - *ST Fanli (600228) reported significant revenue growth in Q3 2025, but continued to face net losses due to increased market and labor costs [1] Financial Performance - The company's Q3 2025 revenue reached 129 million yuan, representing a year-on-year increase of 131.29% [1] - For the first three quarters of 2025, total revenue was 315 million yuan, showing a year-on-year growth of 63.67% [1] - The net loss for Q3 2025 was 11.5 million yuan, and the net loss for the first three quarters amounted to 44.78 million yuan [1] Business Segments - Growth was observed in the company's guiding business, advertising business, and other operations, primarily in e-commerce retail [1] - Increased market spending and labor costs contributed to the ongoing net losses despite revenue growth [1]