株冶集团三季报点评:平台定位日益清晰,金价上涨提升盈利

东方证券
Nov 11

核心观点黄金价格大幅上涨,盈利水平持续提升。根据钢联数据,25Q3黄金均价为792.8元/克,同比24Q3上涨39.54%,环比25Q2上涨2.84%。受益于黄金价格大幅上涨,公司25Q3盈利能力加速改善。利润方面,公司25Q3单季实现扣非归母净利润3.29亿元,同比增长72.44%,增速较25Q2的70.9%加快1.54PCT;利润率方面,公司25Q3单季销售毛利率12.62%,较25Q2的...

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