[Power Investment and Hydropower: Net profit in the first three quarters of 2026 increased by 120% year-on-year and Q3 net profit fell by 68% quarter-on-quarter] On October 30, Power Investment and Hydropower (600292.SH) announced that it achieved operating income of 9.078 billion yuan in the first three quarters, a year-on-year increase of 5.3%; the net profit attributable to shareholders of listed companies was 1.438 billion yuan, a year-on-year increase of 120.19%. In the third quarter, operating income was 3.023 billion yuan, a year-on-year increase of 11.51%; net profit attributable to shareholders of listed companies was 248 million yuan, a year-on-year increase of 107.07%. The change in performance was mainly due to the fact that the company's water and electricity supply was better than the same period, which led to a year-on-year increase in electricity, and the increase in hydropower profits drove the company's efficiency growth. Xiaocai Note: The company’s Q3 net profit was 248 million, and Q2 net profit was 797 million. Based on this calculation, Q3 net profit dropped 68% month-on-month.