[Shengnong Development: Net profit in the first three quarters fell 30.29% year-on-year] On October 16, Shengnong Development (002299.SZ) announced that its operating income in the third quarter was 5.992 billion yuan, a year-on-year increase of 2.44%; the net profit attributable to shareholders of listed companies was 305 million yuan, a year-on-year increase of 22.79%. Operating income in the first three quarters was 16.773 billion yuan, a year-on-year increase of 14.06%; net profit attributable to shareholders of listed companies was 808 million yuan, a year-on-year decrease of 30.29%. Xiaocai Note: The company’s Q3 net profit was 305 million, and Q2 net profit was 250 million. Based on this calculation, Q3 net profit increased by 22% month-on-month.