[Yangtze Electric Power: Net profit in the third quarter fell 23.44% year-on-year] On October 30, Yangtze Electric Power (600900.SH) announced that it achieved operating income of 63.056 billion yuan in the first three quarters, a year-on-year decrease of 4.08%; net profit attributable to shareholders of listed companies was 26.344 billion yuan, a year-on-year decrease of 6.56%. In the third quarter, operating income was 25.127 billion yuan, a year-on-year decrease of 13.49%; net profit attributable to shareholders of listed companies was 11.588 billion yuan, a year-on-year decrease of 23.44%. Xiaocai Note: The company’s Q3 net profit was 11.588 billion and Q2 net profit was 7.995 billion. Based on this calculation, Q3 net profit increased by 44% month-on-month.