Sou Hu Cai Jing·2025-10-28 14:35Core Insights - The company reported a decline in revenue and net profit for the first three quarters of 2025 compared to the same period last year [1][2] - Despite the financial downturn, the company secured a significant increase in new contracts, particularly in overseas markets [2] Financial Performance - The company achieved operating revenue of 15,219,018 thousand yuan, a decrease of 5.72% year-on-year [1] - Total profit amounted to 302,860 thousand yuan, down 22.36% compared to the previous year [1] - Net profit attributable to shareholders was 118,876 thousand yuan, reflecting a 52.68% decline year-on-year [1] - The net profit after deducting non-recurring gains and losses was 71,489 thousand yuan, a decrease of 38.51% [1] - Total assets at the end of the reporting period were 41,919,831 thousand yuan, an increase of 1.85% from the end of the previous year [1] - Shareholders' equity attributable to the company increased by 44.47% to 9,509,473 thousand yuan [1] Contractual Developments - The total value of new contracts signed in the first three quarters reached 214.60 billion yuan, an increase of 21.68% year-on-year [2] - New industrial contracts accounted for 205.11 billion yuan, representing 95.58% of the total new contracts [2] - New EPC (Engineering, Procurement, and Construction) contracts amounted to 182.47 billion yuan, a year-on-year growth of 29.92% [2] - New overseas contracts reached 50.20 billion yuan, showing a significant increase of 115.91% [2] Legal Matters - The company is currently involved in several ongoing litigation and arbitration matters related to construction contract disputes, which are still in the first instance and have not resulted in any estimated liabilities [2]