莱特光电前三季度净利润同比增长38.62%，毛利率显著提升

Core Insights - The core viewpoint of the article is that Lite-On Optoelectronics has demonstrated significant growth in its third-quarter performance, driven by increased sales of OLED terminal materials and effective cost control strategies [3][4]. Financial Performance - In Q3, the company reported revenue of 131.26 million yuan, representing a year-on-year increase of 18.61% [3][4]. - The net profit attributable to shareholders was 53.39 million yuan, up 43.27% year-on-year [3][4]. - The net profit excluding non-recurring gains and losses reached 49.89 million yuan, reflecting a 49.54% increase compared to the previous year [3][4]. - For the first three quarters of 2025, total revenue was 423.04 million yuan, an 18.77% increase year-on-year, while net profit attributable to shareholders was 179.86 million yuan, up 38.62% [3][4]. Profitability Drivers - The growth in profit is primarily attributed to two factors: an increase in sales revenue from OLED terminal materials and the deepening of cost reduction and efficiency enhancement strategies [4]. - The sales volume and revenue from OLED terminal materials have consistently increased, serving as a stabilizing factor for revenue growth [4]. - The company achieved an 8.75% year-on-year reduction in operating costs, which contributed to a 39.08% increase in total profit for the first three quarters [4]. Research and Development - Lite-On Optoelectronics has increased its R&D investment, which amounted to 49.29 million yuan in the first three quarters of 2025, marking a 12.39% year-on-year growth [5]. - In Q3 alone, R&D spending reached 17.22 million yuan, with a significant year-on-year increase of 24.24%, supporting future business expansion [5].