China’s tech profit rose 140%, property lost 53.2 billion yuan.

TMTPost’s tally of 5,572 firms shows third-quarter profit down 11%, though nine-month profit rose 7.76%.

AI demand for memory chips lifted Changxin Technology’s nine-month profit 2,600% to 132 billion yuan, TMTPost’s analysis found.

Consumer staples profit fell 32.36%, and 11 pig farmers lost 22.2 billion yuan combined.

Changxin told investors it expects revenue to keep growing next year.

How each outlet framed it
TMTPost
separates the quarter's profit fall (Q3 down 11.02%) from the year-to-date rise, and singles out pork-farm losses of Rs22.2bn in consumer staples

Sources: TMTPost