[Chifeng Gold: Third quarter net profit fell 41.84% year-on-year, gold sales dropped] On October 23, Chifeng Gold (600988.SH) announced that its third-quarter operating income was 3.069 billion yuan, a year-on-year decrease of 8.99%; the net profit attributable to shareholders of listed companies was 553 million yuan, a year-on-year decrease of 41.84%. In the first three quarters, operating income was 10.087 billion yuan, a year-on-year increase of 16.69%; net profit attributable to shareholders of listed companies was 2.285 billion yuan, a year-on-year increase of 11.05%. The year-on-year decrease in performance during the reporting period was mainly due to the decline in gold sales; the year-on-year growth in performance from the beginning to the end of the reporting period was mainly due to the increase in gold prices. Xiaocai Note: The company’s Q3 net profit was 553 million and Q2 net profit was 744 million. Based on this calculation, Q3 net profit dropped 25% from the previous quarter.