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Polytron (601011.SH) released results for the first three quarters, with a net loss of 174 million yuan to mother
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According to the Zhitong Finance App, Baotailong (601011.SH) disclosed its report for the third quarter of 2026. In the first three quarters, the company achieved operating income of 588 million yuan, an increase of 22.79% over the previous year; net profit loss of 174 million yuan to mother; loss of 168 million yuan after deducting non-net profit; and basic earnings per share - 0.091 yuan.

The main reasons for the loss were: 1. The sale of 55% of the shares of the holding subsidiary Jixi Baotailong Investment Co., Ltd. in the same period last year confirmed investment income of 214 million yuan; 2. Due to the year-on-year decline in raw coal prices and the year-on-year increase in raw coal production costs, gross profit of raw coal sales decreased by 44.9 million yuan, of which increased sales affected profit 1.86 million yuan, lower unit price affected profit - 10.52 million yuan, and rising costs affected profit - 36.24 million yuan.

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