三季报扣非净利激增243.98%！永清环保拟每10股派现0.77元

Core Viewpoint - Yongqing Environmental Protection Co., Ltd. reported strong financial performance for the first three quarters of 2025, with net profit increasing by 18.02% to 98.79 million yuan and non-recurring net profit soaring by 243.98% to 50.10 million yuan, indicating robust business expansion, cost optimization, and profit improvement [1][2] Financial Performance - The company achieved a significant reduction in operating costs, decreasing by over 5% year-on-year, which contributed to an overall gross margin increase of 5.4% [2] - The profit distribution plan includes a cash dividend of 0.77 yuan per 10 shares, amounting to a total distribution of approximately 49.71 million yuan [3] Business Strategy - Yongqing Environmental is focusing on traditional environmental protection while seizing opportunities in energy structure transformation and circular economy development, particularly in new energy asset operations and hazardous waste resource utilization [1] - The company has established a dual-driven profit model combining operations and investments, enhancing profitability stability and risk resistance [2] Research and Development - The company is committed to a core development path of "main business + technology," with a focus on building an "AI + AR industrial intelligence" ecosystem as a future growth engine [2] - Continuous growth in R&D expenses reflects the company's determination to strengthen its technological capabilities and is a key support for the coordinated development of its main business and new initiatives [2] Market Position - The healthy growth of contract liabilities indicates a robust order backlog, suggesting strong business activity and revenue potential in future reporting periods [2]