正海磁材(300224.SZ)：第三季度净利润1.15亿元 同比增长189.72%

Core Viewpoint - Zhenghai Magnetic Materials (300224.SZ) reported significant growth in both revenue and net profit for Q3 2025, indicating strong performance in the high-performance neodymium-iron-boron permanent magnet materials sector [1] Financial Performance - Q3 2025 revenue reached 1.916 billion yuan, a year-on-year increase of 50.76% [1] - Q3 2025 net profit was 115 million yuan, reflecting a year-on-year growth of 189.72% [1] - For the first three quarters of 2025, total revenue was 4.973 billion yuan, up 30.54% year-on-year [1] - Net profit for the first three quarters of 2025 amounted to 228 million yuan, representing a year-on-year increase of 20.46% [1] Product Performance - The sales volume of high-performance neodymium-iron-boron permanent magnet materials increased by over 30% year-on-year during the reporting period [1]