The Golden Autumn Season Brings Fruitful Results - Canlon's Revenue In The First Three Quarters Was 2.08 Billion Yuan, a Year-On-Year Increase of 35.70%, And Profits Increased By 235.39%!

On October 25, the third quarter report of Canlon Shares (300715) for 2023 was officially disclosed, and various operating data indicators ushered in a substantial increase. The report shows that in the first three quarters of 2023, the company achieved revenue of approximately 2.080 billion yuan, a year-on-year increase of 35.70% ; net profit attributable to shareholders of listed companies was approximately 75.0776 million yuan, a year-on-year increase of 235.39% ; deducting non-net profits was 33.4186 million yuan, a year-on-year increase 372.25%; net cash flow from operating activities increased by 32.58% year-on-year; basic earnings per share was 0.20 yuan, a year-on-year increase of 233.33%.

In the first three quarters of 2023, affected by the macroeconomic environment and the slowdown in real estate growth, downstream real estate customers faced risks such as policy regulatory pressure, Canlon worked hard to overcome quite a few difficulties such as rising upstream raw material prices and intensified competition in the industry, and unswervingly promoted the core strategic plan focusing on polymer waterproof materials, continued to strengthen polymer material research and development and equipment investment.CANLON Focused on promoting the application of polymer waterproof materials in the industrial and commercial roof distributed photovoltaic industry chain, with a new positioning as a distributed photovoltaic industry chain system service provider, promoting the cross-border integration of photovoltaics and building waterproofing, and achieved impressive results.

Since entering the third quarter, CANLON has successively won heavyweight honors such as "Top 100 Listed Companies in the Housing Construction Supply Chain by Revenue and Net Profit", "Top Ten China Building Waterproof Technology Innovation Enterprises", and "Jiangsu Province Governor Quality Award"; Waterproof materials have been put into the procurement platform of China Construction Fifth Engineering Bureau, China Construction Second Engineering Bureau, Huaihai Construction Engineering, Heze Urban Investment and other corporate procurement platforms; TMP integrated panels(TPO Coated Metal) even made a stunning appearance on the CCTV Financial Channel, making CANLON's integration and innovation development path even more shining, and fully preparing for the final sprint in the last quarter.