TBEA (600089.SH) announced results for the first three quarters, with net profit attributable to mother of 3,542 billion yuan, a year-on-year decrease of 35.41%

According to the Zhitong Finance App, TBEA (600089.SH) released its report for the third quarter of 2026. In the first three quarters, the company achieved revenue of 85.588 billion yuan, an increase of 17.38% over the previous year. Net profit attributable to shareholders of listed companies was 3,542 billion yuan, a year-on-year decrease of 35.41%. Net profit attributable to shareholders of listed companies after deducting non-recurring profit and loss was $3.837 billion, a year-on-year decrease of 0.36%.

The company continued to focus on its main business, increase market development efforts, and strengthen cost control. Revenue for the third quarter of 2026 (reporting period) and the first three quarters increased steadily by 18.18% and 17.38%, respectively; total profit and net profit attributable to shareholders of listed companies declined significantly year-on-year, mainly due to Huadian Xinneng invested by the company was affected by stock price fluctuations. Fair value change losses confirmed during the reporting period and the first three quarters increased significantly compared to the same period of the previous year; net profit attributable to listed companies in the reporting period and the first three quarters compared to the same period of the previous year growth 9.44%, a decrease of 0.36%, and the core profit of the main business remained stable and positive.