中炬高新：前三季度净利润同比下降34.07%

Core Insights - The company reported a significant decline in both revenue and net profit for the third quarter of 2025, indicating challenges in its financial performance [1] Financial Performance - The third quarter revenue was 1.025 billion yuan, representing a year-on-year decrease of 22.84% [1] - The net profit for the third quarter was 123 million yuan, down 45.66% year-on-year [1] - For the first three quarters, total revenue reached 3.156 billion yuan, a decline of 20.01% compared to the previous year [1] - The net profit for the first three quarters was 380 million yuan, reflecting a decrease of 34.07% year-on-year [1] - The basic earnings per share were reported at 0.4889 yuan [1] Factors Influencing Performance - The decline in performance was primarily attributed to a decrease in sales revenue, which led to reduced gross profit margins [1] - Increased selling expenses and a reduction in other income also contributed to the overall decline in financial results [1]