Jiuli Hi-Tech Materials (002318.SZ) released results for the first three quarters. Net profit to mother was 453 million yuan, down 64.06% year on year

According to Zhitong Finance App News, Jiuli Hi-Tech (002318.SZ) released its report for the third quarter of 2026. The company achieved operating income of 6.089 billion yuan in the first three quarters, down 37.52% year on year; net profit attributable to shareholders of listed companies was 453 million yuan, down 64.06% year on year; net profit attributable to shareholders of listed companies after deducting non-recurring profit and loss was 198 million yuan, down 83.46% year on year; basic earnings per share were 0.47 yuan.

In the first three quarters, changes in the company's performance were mainly due to the fact that the industry was in a structural optimization and adjustment cycle, downstream demand was weak in stages, delayed delivery of overseas orders due to the geographical situation in the Middle East, and concentrated delivery of major projects such as pipeline steel pipes during the same period last year had a high base.