Red Avenue New Materials released its performance for the first three quarters, with a net profit attributable to the parent company of 494 million yuan, a year-on-year increase of 12.65%

According to the Zhitong Finance APP, Red Avenue New Materials (603650.SH) disclosed its third-quarter report for 2025. The company achieved a revenue of 2.523 billion yuan in the first three quarters, a year-on-year increase of 4.06%; the net profit attributable to shareholders was 494 million yuan, a year-on-year increase of 12.65%; the net profit excluding non-recurring gains and losses was 466 million yuan, a year-on-year increase of 32.55%; and the basic earnings per share were 0.83 yuan