Innovation New Materials reports strong third quarter profit growth
Innovation New Materials Technology Co., Ltd. released its third-quarter report for 2025, revealing a 52.60% increase in total profit for the current reporting period, reaching 420,743,681.33 yuan. Net profit attributable to shareholders surged by 67.17% to 354,651,340.10 yuan, driven by enhanced operations in 3C consumer electronics profiles, a higher-value product mix, reduced costs, and improved investment returns.
Despite the positive profit growth, the company's operating cash flow for the period decreased by 72.82%, attributed to rising aluminum prices, increased inventory, and higher operating expenses. However, management notes improved cash flow compared to the previous two quarters due to optimized accounts payable and receivable management.
In conjunction with the earnings release, Innovation New Materials will host a third-quarter performance briefing on November 12, 2025, from 15:00 to 16:30, accessible via the Shanghai Stock Exchange Roadshow Center. Investors are invited to submit questions in advance from November 5 to November 11, 2025.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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