On October 15, EVE Energy announced that it expects net profit attributable to shareholders of the listed company for the first three quarters of 2026 to be Yuan 5.068 billion-5.350 billion, up 80%-90% year on year. The change in earnings was mainly attributable to the company seizing market growth opportunities, a roughly 60% year-on-year increase in operating revenue, the continued ramp-up of new production capacity, and the continued delivery of new products, thereby strengthening profitability.
Note: The company's Q3 net profit is expected to be Yuan 1.767 billion-2.049 billion, compared with Q2 net profit of Yuan 1.855 billion. Based on this, Q3 net profit is expected to change by -4% to 10% quarter on quarter.
Edited by Cassie Li, lixiangying@mysteel.com
