[Lao Fengxiang: Net profit in the first three quarters of 2026 dropped 58.86% year-on-year] On October 30, Lao Fengxiang (600612.SH) announced that its operating income in the first three quarters was 26.611 billion yuan, a year-on-year decrease of 44.56%; the net profit attributable to shareholders of listed companies was 591 million yuan, a year-on-year decrease of 58.86%. In the third quarter, operating income was 6.624 billion yuan, a year-on-year decrease of 54.77%; net profit attributable to shareholders of listed companies was a loss of 124 million yuan, a year-on-year decline. The change in performance was mainly due to the decrease in operating income of subsidiaries. Xiaocai's note: The company's Q3 net profit lost 124 million, and Q2 net profit was 169 million. Based on this calculation, Q3 net profit turned from profit to loss month-on-month.