Guangdong Dowstone technology sees Q3 net profit soar 408%
Guangdong Dowstone Technology announced its unaudited Q3 2025 results, revealing a 408.27% increase in net profit attributable to shareholders, reaching 185,058,464.89 yuan for the quarter. Cumulative net profit attributable to shareholders for the first nine months of 2025 rose by 182.45% to 415,445,958.43 yuan. Operating income for the quarter was 2,347,033,669.96 yuan, an 18.84% increase, while year-to-date operating income was 6,000,862,232.66 yuan, a slight decrease of 1.79%.
The company's board of directors, at its 13th meeting on October 10, 2025, approved the Q3 2025 report with all 8 votes in favor. The report was deemed true, accurate, and complete. The audit committee also reviewed and passed the report.
Significant changes in the balance sheet include a 67.23% decrease in transactional financial assets due to investment recovery, and a 399.21% increase in other non-current assets primarily from increased prepaid equity investment. The profit statement shows a 45.98% increase in taxes and surcharges, driven by growth in strategic resource sales.
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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