正海磁材：稀土价格上涨，前三季度归母净利润增20.46%

Core Insights - Zhenghai Magnetic Materials reported a significant increase in revenue and net profit for Q3 2025, with revenue reaching 1.916 billion yuan, a year-on-year growth of 50.76%, and net profit attributable to shareholders at 115 million yuan, up 189.72% [1] - For the year-to-date period, the company achieved a total revenue of 4.973 billion yuan, reflecting a 30.54% increase compared to the previous year, while net profit attributable to shareholders was 228 million yuan, marking a 20.46% growth [1] - The growth in revenue and profit is primarily attributed to increased sales volume in the main business and rising rare earth prices during the reporting period [1]