605499 Eastroc reported its 3Q25 results on 24 October. In 9M25, its revenue and net profit reached CNY16.84bn (+34.1% y-y) and CNY3.76bn (+38.9% y-y), respectively. For 3Q alone, revenue was CNY6.17bn (+30.4% y-y) and net profit was CNY1.39bn (+41.9% y-y). The results were largely in line with our expectations. Nationwide expansion drives volume growth; product diversification on traction According to the 3Q25 report, revenue from Guangdong reached CNY3.88bn in 9M25, accounting for 23.1% of total revenue ( ...