The Zhitong Finance App learned that Jihong Co., Ltd. (02603) once fell by more than 8%. As of press release, it had fallen 6.94% to HK$10.6, with a turnover of HK$4.625 million.

According to the news, Jihong Co., Ltd. disclosed its three-quarter report on October 29. Revenue for the third quarter was 2,055 billion yuan, up 13.85% year on year, net profit to mother was 43.2782 million yuan, a year-on-year decrease of 55.60%; revenue for the first three quarters was 5.791 billion yuan, up 14.93% year on year, and net profit to mother was 201 million yuan, down 6.77% year on year. The company said that net profit for the period declined compared to the same period last year, mainly due to factors such as increased exchange losses due to fluctuations in foreign exchange rates in the current period, the company's newly built production bases at home and abroad still in the investment period, and increased market competition. The net profit attributable to shareholders excluding exchange losses was 244 million yuan, an increase of 8.66% over the previous year.

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