祥源文旅：前三季度净利润同比增长41.8%

Core Viewpoint - Xiangyuan Cultural Tourism (600576) reported significant growth in both revenue and net profit for the third quarter and the first three quarters of 2025, driven by increased income from scenic area and travel services, alongside effective cost management [1] Financial Performance - In Q3 2025, the company achieved an operating revenue of 343 million yuan, representing a year-on-year increase of 35.11% [1] - The net profit for Q3 2025 was 64.626 million yuan, reflecting a year-on-year growth of 27.33% [1] - For the first three quarters of 2025, the total operating revenue reached 844 million yuan, up 35.29% year-on-year [1] - The net profit for the first three quarters was 156 million yuan, showing a year-on-year increase of 41.8% [1] - Basic earnings per share stood at 0.1482 yuan [1] Business Segments - The growth in operating revenue and net profit was primarily attributed to the increase in income from the scenic area and travel service businesses [1] - The company focused on enhancing quality and efficiency, leading to better cost and expense management, with the growth rate of operating costs and management expenses being lower than that of operating revenue [1] - The report period also included government subsidy income, contributing to the overall financial performance [1]