[CMES: Net profit in the third quarter increased by 327.45% year-on-year and 19% month-on-month] On October 28, China Merchants Energy Shipping (601872.SH) announced that it achieved operating income of 12.771 billion yuan in the third quarter, a year-on-year increase of 89.89%; net profit attributable to shareholders of listed companies was 5.024 billion yuan, a year-on-year increase of 327.45%. In the first three quarters, operating income was 32.422 billion yuan, a year-on-year increase of 67.90%; net profit attributable to shareholders of listed companies was 11.983 billion yuan, a year-on-year increase of 263.15%. The change in performance is mainly due to the fact that the tanker transportation market has been affected by multiple changes in geography and supply and demand structure, and freight rates have increased significantly year-on-year. At the same time, other sectors such as ro-ro, dry bulk, and containers have shown good trends, and operating income has increased significantly. Xiaocai Note: The company’s Q3 net profit was 5.024 billion and Q2 net profit was 4.196 billion. Based on this calculation, Q3 net profit increased by 19% month-on-month.