Core Insights - The company, Jing Sheng Machinery (300316), reported a significant decline in both revenue and net profit for the third quarter of 2025, indicating a challenging financial period [1] Financial Performance - The third quarter revenue was 2.474 billion yuan, a year-on-year decrease of 42.87% [1] - The net profit for the third quarter was 262 million yuan, down 69.65% year-on-year [1] - For the first three quarters, the total revenue reached 8.273 billion yuan, reflecting a 42.86% decline compared to the previous year [1] - The net profit for the first three quarters was 901 million yuan, which is a 69.56% decrease year-on-year [1] Reasons for Performance Change - The primary reason for the performance decline is attributed to a reduction in sales volume [1]
晶盛机电：前三季度净利润同比下降69.56%