石头科技：前三季度净利润10.38亿元

Core Insights - Stone Technology (688169.SH) reported a revenue of 4.163 billion yuan for Q3 2025, representing a year-on-year growth of 60.71% [1] - The net profit attributable to shareholders for Q3 was 360 million yuan, showing a year-on-year increase of 2.51% [1] - For the first three quarters, the company achieved a total revenue of 12.066 billion yuan, with a year-on-year growth of 72.22% [1] - The net profit attributable to shareholders for the first three quarters was 1.038 billion yuan, reflecting a year-on-year decline of 29.51% [1] - The performance fluctuations are primarily due to the company's efforts to expand its global leading position, enhance domestic and international market penetration, strengthen channel development, and maintain high R&D investment, which led to increased sales and R&D expenses, resulting in a decline in profit year-on-year [1]