Guangxi Oriental Intelligent Manufacturing Technology Co., Ltd. (002175) disclosed its third-quarter financial report on October 31. The company reported Q3 revenue of 68.13 million yuan, a year-on-year decline of 35.46%. Net profit attributable to shareholders stood at a loss of 3.1 million yuan, down 111.12% YoY, while adjusted net profit (non-GAAP) was a loss of 4.18 million yuan, down 115.23% YoY.
For the first three quarters of the year, the company generated total revenue of 219 million yuan, down 9.13% YoY. Net profit attributable to shareholders was 1.33 million yuan, plunging 96.08% YoY, and adjusted net profit (non-GAAP) recorded a loss of 1.59 million yuan, down 105.02% YoY.
The company operates in the industrial sector, with core businesses including machine tools, film and television production, and distribution. According to its 2024 annual report, its revenue breakdown was as follows: measuring instruments (83.55%), vacuum coating equipment (6.25%), intelligent logistics sorting equipment (5.33%), and industrial park management services (4.86%).
