All values in CNY	Mar 2025	Jun 2025	Sep 2025	Dec 2025
Revenue	937.96M	937.96M	914.11M	914.11M
Cost of goods sold	584.96M	584.96M	588.76M	588.76M
Cost of revenue	584.96M	584.96M	588.76M	588.76M
Research and development expenses	-	-	-	-
Total research and development expenses	-	-	-	-
Selling, general, and admin expenses	90.32M	90.32M	93.11M	93.11M
Operating expense	130.50M	130.50M	169.61M	169.61M
Total operating expenses	715.46M	715.46M	758.38M	758.38M
Operating income	222.51M	222.51M	155.74M	155.74M
Other non operating income	17.62M	17.62M	13.82M	13.82M
EBT including unusual items	128.63M	128.63M	60.12M	60.12M
EBT excluding unusual items	143.79M	143.79M	74.37M	74.37M
Income tax expense	30.52M	30.52M	13.90M	13.90M
Effective tax rate	23.73%	23.73%	23.12%	23.12%
Other operating expenses	-	-	-	-
Net income	94.09M	94.09M	43.16M	43.16M
Net profit margin	10.03%	10.03%	4.72%	4.72%
Earnings per share	-	-	-	-
Interest and investment income	3.73M	3.73M	-	-
Interest expense	-98.36M	-98.36M	-99.23M	-99.23M
Net interest expenses	-94.63M	-94.63M	-99.23M	-99.23M
Depreciation and amortization charges	-	-	-	-
EBITDA	288.50M	288.50M	225.17M	225.17M
Gain or loss from assets sale	-	-	-	-

Finance

Research