Dongyang earned 6.05 yuan per share before tax in the first ten months, the third highest in history.

Auto parts factory Dongyang (1319) announced today that its consolidated revenue for October was 1.992 billion yuan, a year-on-year decrease of 9.27%. The consolidated pre-tax net profit in October was 378 million yuan, a year-on-year decrease of 14.29%, and pre-tax earnings per share was 0.63 yuan.

The cumulative consolidated revenue in the first ten months was 19.366 billion yuan, a year-on-year decrease of 6.81%. The consolidated pre-tax net profit in the first ten months reached 3.592 billion yuan, a year-on-year decrease of 2.99%. The pre-tax earnings per share was 6.05 yuan, a slight decrease from 6.08 yuan in the same period last year, which was the third highest in the same period over the past years.

Dongyang said that as it enters the traditional peak season, market demand is still strong. Despite the interference of tight shipping spaces and rising freight rates, Dongyang is ready to supply and provide a complete product portfolio to meet customer order needs. At the same time, plans such as new product development and product certification continue to lay the foundation for the company's long-term stable growth.