According to Zhitong Finance App News, Tongguang Cable (300265.SZ) released its report for the third quarter of 2026. The company achieved operating income of 1,854 billion yuan in the first three quarters, a year-on-year decrease of 2.92%; net loss attributable to shareholders of listed companies of 340,165 million yuan; net loss attributable to shareholders of listed companies after deducting non-recurring profit and loss of 338.519 million yuan; basic earnings per share - 0.07 yuan.

During the reporting period, large fluctuations in raw material prices had a significant impact on the company's profitability. Due to delays in downstream price transmission, low-price orders that the company won earlier were executed centrally during the reporting period, causing the company to lose money during the reporting period. Furthermore, since the fund-raising project “High-end Marine Equipment Energy System Project (1)” completed completion and acceptance on July 11, 2025, and is in the product verification and marketing stage. Affected by the extension of the review cycle for offshore wind power projects, the project products failed to be sold during the reporting period, and depreciation of fixed assets increased compared to the same period last year, affecting the company's profit realization.

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