--- title: "CABIO expects a profit increase, with a projected year-on-year growth of 53.77% in net profit attributable to the parent company for the first three quarters" type: "News" locale: "en" url: "https://longbridge.com/en/news/261200418.md" description: "CABIO expects a net profit attributable to the parent company of approximately 129 million yuan in the first three quarters, a year-on-year increase of 53.77%. The growth in performance is mainly attributed to the increase in sales of ARA and algal oil DHA products to domestic customers, as well as improvements in production efficiency and product structure optimization" datetime: "2025-10-15T08:09:04.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/261200418.md) - [en](https://longbridge.com/en/news/261200418.md) - [zh-HK](https://longbridge.com/zh-HK/news/261200418.md) --- > Supported Languages: [简体中文](https://longbridge.com/zh-CN/news/261200418.md) | [繁體中文](https://longbridge.com/zh-HK/news/261200418.md) # CABIO expects a profit increase, with a projected year-on-year growth of 53.77% in net profit attributable to the parent company for the first three quarters According to the Zhitong Finance APP, CABIO (688089.SH) announced a performance forecast for the first three quarters, expecting a net profit attributable to the parent company's owners of approximately 129 million yuan, an increase of 53.77% compared to the same period last year. During the reporting period, the company's revenue increased mainly due to the rise in sales of ARA and algal oil DHA products to domestic customers; the profit increase was primarily due to the rise in revenue, along with improvements in production efficiency, as well as optimization of product and customer structures, which enhanced the company's profitability ### Related Stocks - [CABIO (688089.CN)](https://longbridge.com/en/quote/688089.CN.md) ## Related News & Research - [CNOOC Extends Shareholding Increase Plan in China Oilfield Services to 2027](https://longbridge.com/en/news/281499940.md) - [Popular Cooking Set Recalled Due Exploding Caps That Can Cause Injuries](https://longbridge.com/en/news/281654672.md) - [China Eastern Airlines to raise fuel surcharges for domestic flights from April 5 - state media](https://longbridge.com/en/news/281610622.md) - [China Merchants Energy Shipping says it suspended routes to, from Persian Gulf, expects freight rate fluctuation](https://longbridge.com/en/news/281624820.md) - [Pure Tungsten Outlines Near-Term Path to Production and Public Listing, with Multi-Year Growth Strategy](https://longbridge.com/en/news/281688022.md)