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China Southern Road Machinery (603280.SH) released results for the first three quarters, with net profit of 41.0211 million yuan, a year-on-year decrease of 46.49%
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According to Zhitong Finance App News, China Southern Road Machinery (603280.SH) released its report for the third quarter of 2026. The company achieved operating income of 668 million yuan in the first three quarters, a year-on-year decrease of 9.87%; net profit attributable to shareholders of listed companies was 41.2011 million yuan, a year-on-year decrease of 46.49%; net profit attributable to shareholders of listed companies after deducting non-recurring profit and loss was 34.8355 million yuan, a year-on-year decrease of 42.01%; basic earnings per share were 0.38 yuan.

In the first three quarters, the scale of the company's on-hand orders continued to grow, and overall business operations were steady; due to the pace of implementation and delivery of order projects, some on-hand orders did not yet meet revenue confirmation conditions, and operating income declined year-on-year. In order to actively expand overseas markets, the company has increased its investment in overseas markets, which has led to an increase in sales expenses. Other income declined year-on-year due to a decrease in the amount of government subsidy funds disbursed.

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