CoCreate Data: Net profit in the third quarter increased by 360% year-on-year, with significant growth in computing power-related businesses
2026-10-26 19:27:03
According to CoinMeta, [Co-creation Data: Net Profit in the Third Quarter Increases by 360% Year-on-Year, with Substantial Growth in Compute-related Business] reported by Cailian News on October 26th, Co-creation Data (300857.SZ) announced that its operating revenue in the third quarter was 7.087 billion yuan, a year-on-year increase of 109.27%; the net profit attributable to shareholders of the listed company was 1.224 billion yuan, a year-on-year increase of 360.33%. In the first three quarters, the company achieved operating revenue of 19.610 billion yuan, a year-on-year increase of 135.39%; the net profit attributable to shareholders of the listed company was 3.062 billion yuan, a year-on-year increase of 338.77%. The growth in performance was mainly due to the explosive demand for computing power, which drove substantial growth in compute-related business, coupled with the upward trend in the storage industry and the expansion of server remanufacturing business, thus promoting revenue growth. At the same time, it benefited from the continuous optimization of the product structure, the explosive demand for computing power, the upward cycle of the storage industry, and an improvement in the overall gross margin. Note from Cailian News: The company's Q3 net profit was 1.224 billion yuan, and Q2 net profit was 1.088 billion yuan; based on this, the Q3 net profit increased by 12% quarter-on-quarter.
Source:CLS
This content is for market information only and does not constitute investment advice.
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