NBFB: Net profit in the first three quarters increased by 299% year-on-year, with rising silver prices enhancing the profitability of the company's electrical contact products business

Ningbo Fubang announced that in the first three quarters, it achieved operating income of 834 million yuan, a year-on-year increase of 8.44%; the net profit attributable to shareholders of the listed company was 16.1386 million yuan, a year-on-year increase of 298.79%. In the third quarter, it achieved operating income of 297 million yuan, a year-on-year decrease of 0.80%; the net profit attributable to shareholders of the listed company was 6.4589 million yuan, a year-on-year increase of 121.65%. The significant growth in performance was mainly due to the continuous rise in silver prices and the improvement in the profitability of the company's electrical contact products business