招商公路：2025年前三季度净利润约40.12亿元

Group 1 - The core viewpoint of the article is that招商公路 reported a decline in revenue and net profit for the first three quarters of 2025 compared to the previous year [1] - For the first three quarters of 2025, the company's revenue was approximately 8.703 billion yuan, a year-on-year decrease of 4.12% [1] - The net profit attributable to shareholders was about 4.012 billion yuan, reflecting a year-on-year decrease of 3.56% [1] - The basic earnings per share were 0.5723 yuan, which is a decrease of 3.47% year-on-year [1] Group 2 - As of the report date, the market capitalization of 招商公路 is 70.5 billion yuan [2]