9.6 trillion yuan in revenue! The latest quarterly report from Wolong Technology has shocked the market once again.
On October 17, 2025, at 22:11, the China Golden Report announced through the Xinguan Finance APP that Wolong Technology (03800.HK) released its third-quarter financial report, indicating a staggering revenue of 9.6 trillion yuan. This figure represents a substantial increase from last year’s 18.1 trillion yuan.
According to the report, the revenue of Wolong Technology in the third quarter reached 9.6 trillion yuan, showcasing a significant divergence from the previous year’s figures. Some analysts believe that this report gives a considerable boost to investor confidence.
Furthermore, it is noted that the third-quarter revenue does not necessarily indicate a permanent trend, and future developments will need to be monitored closely. The primary reasons for the increase in revenue are attributed to two major factors: first, the prices of commodities have experienced an upward trend, and second, there was a significant rise in the demand for products from the company.
The report forecasts that in the third quarter of 2025, the average price of commodities is expected to be 42.12 yuan per unit, compared to 32.93 yuan in the previous quarter, suggesting a rebound in the market for high-quality commodities.
In addition, the production cost in the third quarter is expected to stabilize at 24.16 yuan per unit, a decrease from 27.07 yuan in the first quarter. This suggests that Wolong Technology is managing to control costs effectively, contributing to its overall performance.
Moreover, Wolong Technology’s revenue generation capabilities are primarily driven by its innovative technology, particularly in the field of new energy. The company’s focus on solar energy and battery technology has positioned it as a leader within the industry.
Since last year, Wolong Technology has been consistently pushing forward with its strategic plans. By October 2024, it is expected to finalize the launch of new products aimed at enhancing its market presence.
As of now, the company is also actively engaged in expanding its operational capabilities, with ongoing projects that will further solidify its market position.
On October 16, Wolong Technology announced its financial strategies, and discussions regarding its performance are expected to continue, providing insights into future trends in the market.
For more information, you can visit the Xinguan Finance APP.
Original article by NenPower, If reposted, please credit the source: https://nenpower.com/blog/massive-9-6-billion-loss-for-chinese-technology-giant-following-unexpected-quarterly-setback/
