First Tractor published its unaudited 2025 Third Quarterly Report, showing key financial and operational data. During the reporting period, operating revenue reached RMB 2.77 billion, representing a 5.29% decrease compared with the same quarter of the previous year. Cumulatively from January to September 2025, operating revenue stood at RMB 9.70 billion, down 9.63% year-on-year.

Net profit attributable to shareholders for the third quarter came in at RMB 225.15 million, an increase of 15.14% over the prior-year period. For the first nine months, the figure was RMB 994.19 million, registering a 9.69% decline year-on-year. Weighted average return on net assets for the first three quarters decreased by 2.43 percentage points to 13.02%. Meanwhile, net cash flows from operating activities for this period fell by 37.48%, primarily due to increases in trade receivables from credit sales that have not yet reached the collection period.

Total assets by the end of the reporting period amounted to RMB 16.25 billion, rising by 10.59% compared to the end of 2024. Owners’ equity attributable to shareholders totaled RMB 7.84 billion, an increase of 8.06% over the end of the previous year. These figures reflect the company’s financial progression in the agricultural machinery segment and related operations through the first three quarters of 2025.