广东塔牌集团股份有限公司 2025年第三季度报告

Core Viewpoint - The company reported a mixed financial performance for the first nine months of 2025, with a slight decline in revenue but a significant increase in net profit, attributed to improved sales volume and cost management strategies [5]. Financial Performance - The company achieved operating revenue of 2.916 billion yuan, a decrease of 0.49% compared to the same period last year [5]. - The net profit attributable to shareholders was 588 million yuan, an increase of 54.23% year-on-year [5]. - Cement sales volume increased by 6.37% year-on-year, while the combined sales of cement and clinker rose by 5.05% [5]. - The average sales cost of cement decreased by 7.03%, which was greater than the sales price decline of 4.34% [5]. Non-Recurring Gains - The company reported a significant increase in investment income (including unrealized gains) due to a recovering capital market and gains from the disposal of shut-down enterprises, leading to a year-on-year increase of 141 million yuan in non-recurring gains [5]. Management and Governance - The board of directors and senior management confirmed the accuracy and completeness of the quarterly report, taking legal responsibility for its content [2][10]. - The third-quarter financial report was not audited [9].