Shanghai Dazhong Public Utilities (Group) Co., Ltd. (Stock Code: 1635) disclosed its unaudited 2025 third quarterly results. During the nine months ended September 30, 2025, revenue was recorded at RMB4.596 billion, representing a 2.65% decrease year-on-year, while total profit stood at RMB723.64 million, marking a 91.70% increase. Net profit attributable to shareholders reached RMB519.77 million, up by 205.14%.
For the third quarter alone, total revenue amounted to RMB1.163 billion, up by 7.93% year-on-year. Net profit attributable to shareholders during the quarter was RMB186.75 million, 287.59% higher year-on-year. The company indicated that contributions to net profit primarily stemmed from stronger performance of a key equity investment and gains on financial assets.
During January to September 2025, the weighted average return on net assets increased by 3.86 percentage points year-on-year. Meanwhile, net cash flow from operating activities rose by 93.84%, largely reflecting reduced procurement payments by certain subsidiaries over the reporting period.
All figures are compiled in accordance with the PRC Accounting Standards for Business Enterprises and have not been audited.