广晟有色:前三季度净利润1.28亿元 稀土市场行情整体上涨

Core Insights - Guangsheng Nonferrous (600259.SH) reported a significant decline in revenue for Q3 2025, amounting to 1.957 billion yuan, a year-on-year decrease of 45.76% [1] - The company achieved a net profit of 55.0619 million yuan in Q3, marking a year-on-year increase of 111.25% [1] - For the first three quarters of 2025, total revenue was 4.634 billion yuan, down 46.97% year-on-year, while net profit turned positive at 128 million yuan, indicating a turnaround from losses [1] Financial Performance - Q3 revenue: 1.957 billion yuan, down 45.76% year-on-year [1] - Q3 net profit: 55.0619 million yuan, up 111.25% year-on-year [1] - Year-to-date revenue (first three quarters): 4.634 billion yuan, down 46.97% year-on-year [1] - Year-to-date net profit: 128 million yuan, indicating a turnaround from previous losses [1] Market Context - The overall rise in the rare earth market during the reporting period contributed to the company's ability to turn a profit in the first three quarters [1]