HRPC released its performance for the first three quarters, with a net profit attributable to shareholders of 112 million yuan, a year-on-year decrease of 45.69%
HRPC released its Q3 2025 performance, with revenue of 7.846 billion yuan in the first three quarters, a year-on-year increase of 2.19%; net profit attributable to shareholders of 112 million yuan, a year-on-year decrease of 45.69%; net profit excluding non-recurring items of 110 million yuan, a year-on-year decrease of 42.68%; basic earnings per share of 0.1929 yuan. The decline in net profit is mainly due to the decrease in gross profit, changes in operating-related expenses, and an increase in the provision for bad debts of accounts receivable
According to the Zhitong Finance APP, HRPC (600829.SH) disclosed its third-quarter report for 2025. The company achieved a revenue of 7.846 billion yuan in the first three quarters, a year-on-year increase of 2.19%; the net profit attributable to shareholders of the listed company was 112 million yuan, a year-on-year decrease of 45.69%; the net profit excluding non-recurring items was 110 million yuan, a year-on-year decrease of 42.68%; the basic earnings per share were 0.1929 yuan.
The main reasons for the decline in net profit are: first, the gross profit decreased year-on-year, mainly due to the continued impact of centralized procurement policies on the wholesale sector, tightening the gross profit margin; second, operating expenses changed with sales fluctuations; third, based on the aging of accounts receivable, the provision for bad debts of accounts receivable increased
