华宏科技：前三季度净利润同比增长7111% 稀土资源综合利用业务经营发展势头良好致收益较上年同期明显改善

Core Viewpoint - Huahong Technology reported significant growth in net profit and revenue for the third quarter and the first three quarters of 2025, driven by favorable market conditions and the performance of its rare earth resource utilization business [1] Financial Performance - In Q3 2025, the company's revenue reached 2.302 billion yuan, an increase of 70.39% year-on-year [1] - The net profit for Q3 2025 was 117 million yuan, showing a remarkable growth of 23,211.89% compared to the same period last year [1] - For the first three quarters of 2025, the total revenue was 5.461 billion yuan, reflecting a year-on-year growth of 34.94% [1] - The net profit for the first three quarters was 197 million yuan, which represents a year-on-year increase of 7,110.70% [1] Business Drivers - The substantial growth in performance is attributed to national policies, market supply and demand dynamics, and international trade factors [1] - The stabilization and recovery of domestic rare earth product prices have positively impacted the company's operations [1] - The rare earth resource utilization business is experiencing a strong development momentum, leading to significant improvements in earnings compared to the previous year [1]