SINOSTAR CABLE released its performance for the first three quarters, with a net profit attributable to the parent company of 30.9587 million yuan, a decrease of 35.09%

SINOSTAR CABLE released its third quarter report for 2025, with operating revenue for the first three quarters at 2.211 billion yuan, a year-on-year decrease of 2.86%; net profit attributable to the parent company was 30.9587 million yuan, a year-on-year decline of 35.09%; net profit excluding non-recurring gains and losses was 11.399 million yuan, a year-on-year decrease of 71.66%; basic earnings per share were 0.065 yuan

SINOSTAR CABLE: Net profit in the first half of 2025 decreased by 43.50% year-on-year

SINOSTAR CABLE announced that in the first half of 2025, the operating revenue was 1.482 billion yuan, a year-on-year increase of 6.98%. The net profit attributable to shareholders of the listed company was 18.0913 million yuan, a year-on-year decrease of 43.50%. The basic earnings per share were 0.04 yuan/share, a year-on-year decrease of 42.86%

Power grid equipment stocks continued to strengthen in the afternoon, with China XD hitting the upper limit. Previously, Anke Zhidian and SAC also reached the upper limit, while Huazi Technology and Yongfu both rose over 10%. XJEC, Guangxin Technology, SINOSTAR CABLE, HPEC, and several other stocks rose over 5%

SINOSTAR CABLE: Won a bid for a project worth 379 million yuan from Southern Power Grid Company

SINOSTAR CABLE announced that on July 11, 2025, it received the "Notice of Winning Bid" from China Southern Power Grid Supply Chain Group Co., Ltd., confirming that the company has become the winning bidder for the "First Batch of Framework Bidding Project for Distribution Network Materials of China Southern Power Grid Company in 2025." The total bid amount is 379 million yuan, accounting for approximately 12.26% of the company's audited revenue for the year 2024. This winning bid will have a positive impact on the company's future operating performance, but will not affect the company's operational independence

SINOSTAR CABLE won the bid for a project and signed a contract with a total amount of 246 million yuan

SINOSTAR CABLE recently signed procurement contracts with State Grid Jiangsu Electric Power Co., Ltd. and State Grid Fujian Electric Power Co., Ltd., with a total contract amount of 246 million yuan, accounting for 7.98% of the company's audited operating income for the year 2024