BeijingChina’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