Chengdu Galaxy Magnets Reports 18.16% Rise in First Three Quarters Net Profit to 172 Million Yuan

Stock News10-21

Chengdu Galaxy Magnets Co.,Ltd. (300127.SZ) has released its financial report for the third quarter of 2026.

For the first three quarters, the company recorded operating revenue of 817 million yuan, representing a year-on-year increase of 33.09%.

Net profit attributable to shareholders of the listed company reached 172 million yuan, up 18.16% compared with the same period last year.

Net profit attributable to shareholders after deducting non-recurring gains and losses stood at 168 million yuan, an increase of 18.47% year on year.

Basic earnings per share came in at 0.53 yuan.

During the reporting period, the growth in operating revenue was mainly driven by an increase in sales volume, combined with rising raw material prices and higher average selling prices.

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