B · Normal
[Jingwang Electronics: Net profit in the third quarter increased by 239.67% year-on-year and 174% month-on-month] On October 26, Jingwang Electronics (603228.SH) announced that its third-quarter revenue was 6.621 billion yuan, a year-on-year increase of 66.06%; net profit was 1.014 billion yuan, a year-on-year increase of 239.67%. Revenue in the first three quarters was 15.233 billion yuan, a year-on-year increase of 37.45%; net profit was 1.616 billion yuan, a year-on-year increase of 70.42%. The performance growth is mainly due to the increase in revenue from the company's high-performance PCB products in the field of high-speed communications and AI data infrastructure, the increase in upstream material prices driving product sales price growth, and the continued optimization of the order structure. Xiaocai Note: The company’s Q3 net profit was 1.014 billion and Q2 net profit was 369 million. Based on this calculation, Q3 net profit increased by 174% month-on-month.
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