Huazi Industrial sees Q3 2025 profit growth driven by asset disposals

Baotou Huazi Industrial Co. Ltd. reported a robust performance for the third quarter of 2025, with key financial metrics showing substantial growth. The company's total profit for the reporting period reached 55,064,156.50 yuan, a 47.09% increase compared to the same period last year. Net profit attributable to shareholders surged by 46.16% to 52,872,996.26 yuan. Year-to-date, total profit rose by 31.36% to 60,694,234.86 yuan, and net profit attributable to shareholders increased by 31.94% to 57,268,919.48 yuan.

These gains were primarily attributed to increased asset disposal income and investment income from associated enterprises. Operating revenue for the first nine months of 2025 was 414,655,918.12 yuan, a slight increase of 0.27% from the previous year. Basic earnings per share for the quarter were 0.1090 yuan, up 46.12%, while year-to-date basic earnings per share stood at 0.1181 yuan, an increase of 31.94%.

The company also disclosed non-recurring gains, including 11,683,035.17 yuan from the disposal of non-current assets and 31,200,000.00 yuan from the reversal of impairment provisions for receivables, contributing to a substantial portion of the net profit attributable to shareholders after deducting non-recurring gains, which increased by 171.37% year-to-date to 16,991,954.95 yuan.