[Tianhua New Energy: Net profit in the first three quarters increased by 2446.71% year-on-year] On October 26, Tianhua New Energy (300390.SZ) announced that its third-quarter revenue was 3.540 billion yuan, a year-on-year increase of 67.53%; net profit was 219 million yuan, a year-on-year increase of 15.73%. Revenue in the first three quarters was 11.320 billion yuan, a year-on-year increase of 103.20%; net profit was 2.512 billion yuan, a year-on-year increase of 2446.71%. The change in performance is mainly due to the increase in sales volume and price of lithium battery material products. Xiaocai Note: The company’s Q3 net profit was 219 million, and Q2 net profit was 1.323 billion. Based on this calculation, Q3 net profit dropped 83% from the previous quarter.