---
title: "STEC: Net profit in the third quarter was 483 million yuan, a year-on-year decrease of 32.47%"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/263529763.md"
description: "STEC announced that its revenue for the third quarter was 12.374 billion yuan, a year-on-year decrease of 16.73%; net profit was 483 million yuan, a year-on-year decrease of 32.47%. Revenue for the first three quarters was 34.395 billion yuan, a year-on-year decrease of 19.83%; net profit was 1.21 billion yuan, a year-on-year decrease of 19.35%"
datetime: "2025-10-30T13:14:20.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/263529763.md)
  - [en](https://longbridge.com/en/news/263529763.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/263529763.md)
---

# STEC: Net profit in the third quarter was 483 million yuan, a year-on-year decrease of 32.47%

STEC announced that its revenue for the third quarter was 12.374 billion yuan, a year-on-year decrease of 16.73%; net profit was 483 million yuan, a year-on-year decrease of 32.47%. Revenue for the first three quarters was 34.395 billion yuan, a year-on-year decrease of 19.83%; net profit was 1.21 billion yuan, a year-on-year decrease of 19.35%

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