[CVTE: Net profit in the first three quarters increased by 185.63% year-on-year] On October 21, CVTE (002841.SZ) announced that its operating income in the third quarter was 10.863 billion yuan, a year-on-year increase of 44.41%; the net profit attributable to shareholders of the listed company was 956 million yuan, a year-on-year increase of 103.62%. In the first three quarters, operating income was 25.252 billion yuan, a year-on-year increase of 39.61%; net profit attributable to shareholders of listed companies was 2.477 billion yuan, a year-on-year increase of 185.63%. Xiaocai Note: The company’s Q3 net profit was 956 million and Q2 net profit was 1.274 billion. Based on this calculation, Q3 net profit dropped 24% from the previous quarter.