华宏科技：前三季度净利润1.97亿元 同比增长7110.7%

Core Viewpoint - Huahong Technology (002645) reported significant growth in its Q3 2025 financial results, driven by favorable market conditions and effective resource utilization in the rare earth sector [1] Financial Performance - Q3 2025 revenue reached 2.302 billion yuan, representing a year-on-year increase of 70.39% [1] - Net profit for Q3 2025 was 117 million yuan, showing a remarkable year-on-year growth of 23,211.89% [1] - For the first three quarters of 2025, total revenue was 5.461 billion yuan, up 34.94% compared to the previous year [1] - Net profit for the first three quarters was 197 million yuan, reflecting a year-on-year increase of 7,110.7% [1] - Basic earnings per share stood at 0.3397 yuan [1] Market Conditions - The domestic market prices for major rare earth products have stabilized and rebounded due to national policies, supply and demand dynamics, and international trade factors [1] - The company's rare earth resource utilization business has shown strong operational development, with significant improvements in revenue compared to the same period last year [1]