Understanding the Market | QHD PORT rises over 5% again, with a 22% year-on-year increase in net profit for the third quarter and throughput expected to continue to grow slightly

QHD PORT's stock price rose over 5% again, as of the time of writing, it increased by 3.11%, reaching HKD 2.98, with a trading volume of HKD 86.1783 million. The company released its third-quarter performance, with revenue of 1.761 billion yuan, a year-on-year increase of 9.51%; net profit of 403 million yuan, a year-on-year increase of 22.61%. In the first three quarters, revenue was 5.212 billion yuan, a year-on-year increase of 2.81%; net profit was 1.391 billion yuan, a year-on-year increase of 3.87%. The growth in performance is attributed to increased customer marketing efforts and higher profits from subsidiaries. It is expected that the throughput of coal and iron ore will maintain stable growth