Zitong Financial App NewsletterLaderson (605365.SH)According to the third quarter report of 2021, the company achieved revenue of 4.658 billion yuan in the first three quarters, an increase of 18.86% over the same period last year, and its net profit was 292 million yuan, down 24.79% from the same period last year.Deduction of non-net profit242 million yuan, down 31.7% from the same period last year. Basic earnings per share is 0.63 yuan.

The announcement said that the decline in deduction non-net profit in the first three quarters was mainly due to the appreciation of the RMB against the US dollar and the rise in raw material prices compared with the same period last year, resulting in a decrease in gross profit margin and a year-on-year decline in gross profit margin.