CXMT: 3Q26 Net Profit Expected to Reach RMB 53.395-54.895 Billion, Turning Profitable YoY

CXMT's preliminary earnings forecast for the first three quarters shows that for the first three quarters of 2026, the company is expected to report operating revenue of approximately RMB 265 billion to RMB 270 billion, with an increase of RMB 232.916 billion to RMB 237.916 billion compared with the same period last year, up 726%-741.5% year-on-year; net profit attributable to shareholders of the listed company is expected to be approximately RMB 131.0 billion to RMB 132.5 billion, with an increase of RMB 136.28 billion to RMB 137.78 billion compared with the same period last year, turning from a loss to a profit year-on-year (a loss of RMB 5.28 billion in the same period last year). Based on this, the company's operating revenue in the third quarter is estimated at RMB 114.69 billion to RMB 119.69 billion, up 589%-619% year-on-year and up 15.3%-20.3% quarter-on-quarter; net profit is estimated at RMB 53.395 billion to RMB 54.895 billion, turning from a loss to a profit year-on-year (a loss of RMB 2.948 billion in the same period last year), up 1.0%-3.9% quarter-on-quarter.