金螳螂(002081.SZ)前三季度净利润3.82亿元 同比减少18.47%

Core Viewpoint - The company, Jin Tanglang, reported a significant decline in both revenue and net profit for the third quarter of 2025, reflecting challenges in the construction and decoration industry [1] Financial Performance - In Q3 2025, the company achieved revenue of 3.747 billion yuan, a year-on-year decrease of 29.62% [1] - The net profit for Q3 2025 was 23.67 million yuan, down 80.87% year-on-year [1] - For the first three quarters of 2025, the company reported total revenue of 13.275 billion yuan, a decrease of 9.20% compared to the same period last year [1] - The net profit for the first three quarters was 382 million yuan, reflecting an 18.47% year-on-year decline [1] Industry Context - The decline in performance is attributed to two main factors: a decrease in current operating revenue and increased competitive pressure in the construction decoration industry [1] - The overall slowdown in industry growth has led to downward pressure on project management fees, impacting the company's short-term gross margin [1] - The company has strategically taken on some projects with adjusted fees, which are considered manageable risks, to navigate the challenging market conditions [1]