Telling Telecommunication sees profit plunge despite Q3 revenue rise

Telling Telecommunication Holdings (SZSE:000829) announced its Q3 2025 financial results, reporting a 4.97% increase in operating revenue to CNY 19.24bn for the current quarter. However, net profit attributable to shareholders of listed companies decreased by 51.05% to CNY 5.35m. For the year-to-date, operating revenue saw a 5.50% decline, reaching CNY 65.57bn, and the year-to-date net profit attributable to shareholders plunged by 376.05% to CNY -57.18m.

The company's basic and diluted earnings per share for the current quarter both decreased by 51.40% to CNY 0.0052. The weighted average return on net assets for the current quarter also fell by 0.19% to 0.18%. Total assets as of the end of the reporting period increased by 8.77% to CNY 24.97bn, while owners' equity attributable to shareholders of listed companies decreased by 2.41% to CNY 2.91bn.

Notable changes in the balance sheet include a 100.00% increase in trading financial assets due to proceeds from fund distribution, a 75.59% rise in accounts receivable attributed to national subsidy projects and increased credit limits for major customers, and a 41.74% increase in inventories driven by Q3 new product launches and holiday stocking.