Qiaoshan earned 5.95 yuan per share in the first three quarters, with annual profit growth of 74%.

Qiaoshan (1736), a major fitness equipment manufacturer, announced that its net profit after tax for the first three quarters was 1.8 billion yuan, with earnings per share of 5.95 yuan, which was 74% higher than the earnings per share of 3.41 yuan in the same period last year.

Qiaoshan (1736), a major fitness equipment manufacturer, announced third-quarter earnings per share of 2.68 yuan, an increase of 25.3% from the 2.14 yuan in the same period last year; the cumulative combined revenue for the first three quarters reached 40 billion yuan, an increase of 15% year-on-year, and the gross profit margin increased to 56%, an increase of 4.3 percentage points from the same period last year; the net profit after tax was 1.8 billion yuan, and the earnings per share was 5.95 yuan, an increase of 74% from the earnings per share of 3.41 yuan in the same period last year.

Qiaoshan simultaneously announced that its consolidated revenue in October reached 5.4 billion yuan, an annual increase of 12%. The cumulative consolidated revenue for the first ten months reached 45.4 billion yuan, an annual increase of 14%. As we enter the peak sales season, November to December will also be the peak of annual revenue. It is expected that driven by peak season demand, full-year revenue is expected to hit a record high again.

Qiao Shan said that in the face of challenges such as changes in the international economic environment and rising raw material costs, Qiao Shan's gross profit margin in the first three quarters still increased significantly compared with the same period last year, demonstrating the operational resilience brought about by product competitiveness, pricing capabilities and global manufacturing layout. By continuously optimizing its product portfolio, improving production efficiency and flexibly allocating global production capacity, the Group has effectively strengthened cost management and overall profitability.

Qiaoshan currently has 7 manufacturing plants around the world, including the second factory in Vietnam that was completed and opened in August, which will further enhance the group's capacity allocation flexibility and supply chain competitiveness. Combining a complete layout of global manufacturing, sales, R&D and after-sales services, Qiaoshan will continue to deepen its competitive advantages and lay a solid foundation for future operational growth.