Tanya Advanced has demonstrated remarkable growth in its financial performance over the first three quarters. The company's revenue soared to RMB 1.559 billion, marking a substantial year-on-year increase of 40.22%. Net profit attributable to shareholders skyrocketed to RMB 27.2162 million, a staggering 2,330.24% rise compared to the same period last year. Particularly noteworthy was the third quarter's performance, where revenue reached RMB 646 million, up by 102.89% year-on-year, and net profit attributable to shareholders transformed from a loss to a hefty profit of RMB 85.8329 million. This impressive growth trajectory was propelled by the synergistic pull from various sectors, including 800V high-voltage platforms for new energy vehicles, high-voltage power supplies for AI servers, optical storage solutions, and high-power ultra-fast charging technologies, all of which contributed to the expansion of substrate shipments. Additionally, the company benefited from economies of scale and product mix optimization, which enhanced gross margins and further propelled significant growth in net profit attributable to shareholders. Notably, the company's net profit in the third quarter witnessed a remarkable 4,434% surge on a quarter-on-quarter basis.
