Zhejiang Shibao Reports 151 Million Yuan Net Profit for First Three Quarters, Up 1.17% Year-on-Year

Stock News10-25 18:22

Zhejiang Shibao (01057) has released its results for the first three quarters of 2026. During the January-September period of 2026, China's automotive industry saw a year-on-year decline in both production and sales volumes.

Benefiting from increased sales to its major customers, the company achieved operating revenue of RMB 2.798 billion, representing a year-on-year increase of 13.68%. Net profit attributable to shareholders of the listed company reached RMB 151 million, up 1.17% year-on-year. Net profit attributable to shareholders of the listed company after deducting non-recurring gains and losses was RMB 127 million, down 1.65% year-on-year. Basic earnings per share stood at RMB 0.1841.

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