[Poly Development: Q3 net profit fell 64% month-on-month] On October 28, Poly Development (600048.SH) announced that its operating income in the third quarter was 52.096 billion yuan, a year-on-year decrease of 8.39%; the net profit attributable to shareholders of listed companies was 374 million yuan, which was a loss in the same period last year and turned a year-on-year profit. In the first three quarters, operating income was 154.956 billion yuan, a year-on-year decrease of 10.80%; net profit attributable to shareholders of listed companies was 2.332 billion yuan, a year-on-year decrease of 16.03%. Xiaocai Note: The company’s Q3 net profit was 374 million, and Q2 net profit was 1.043 billion. Based on this calculation, Q3 net profit fell 64% month-on-month.