Red Avenue New Materials (603650.SH) Reports Q3 Earnings with Net Profit Up 12.65% YoY to RMB494 Million

Stock News2025-10-27

Red Avenue New Materials Group Co.,Ltd. (603650.SH) released its third-quarter financial report for 2025. The company achieved total revenue of RMB2.523 billion in the first three quarters, marking a 4.06% year-on-year increase. Net profit attributable to shareholders rose 12.65% YoY to RMB494 million, while non-GAAP net profit surged 32.55% YoY to RMB466 million. Basic earnings per share stood at RMB0.83.

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(603650.SH) released its third-quarter financial report for 2025. The company achieved total revenue of RMB2.523 billion in the first three quarters, marking a 4.06% year-on-year increase. Net profit attributable to shareholders rose 12.65% YoY to RMB494 million, while non-GAAP net profit surged 32.55% YoY to RMB466 million. 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