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China Strategy Rubber (603049.SH) released results for the first three quarters, with net profit of 2,854 billion yuan to mother, a year-on-year decrease of 18.77%
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According to the Zhitong Finance App, China Strategy Rubber (603049.SH) disclosed its report for the third quarter of 2026. In the first three quarters, the company achieved operating income of 36.079 billion yuan, an increase of 7.11%; net profit to mother of 2,854 billion yuan, a year-on-year decrease of 18.77%; deducted non-net profit of 2,801 billion yuan, a year-on-year decrease of 18.35%; and basic earnings per share of 3.26 yuan.

The change in performance was mainly due to a decline in gross margin due to adverse factors such as rising raw material prices and the depreciation of the US dollar compared to the RMB. The company has taken countermeasures such as raising sales prices, but it has not been able to fully make up for the impact of adverse factors.

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