Recently, Tibet Mining released its third quarter performance forecast. Upon careful analysis, it can be seen that the forecast contains both good and bad news.

On the downside, the company is expected to make a profit of between 90 million and 130 million yuan in the first three quarters, a decrease of 72.81%-81.17% compared to the same period last year. According to the records, the company made a profit of about 25 million yuan in the first half of the year. Therefore, the sharp decline in profits in the first three quarters is due to the sharp decline in profits in the first half of the year.

On the bright side, the company is expected to make a profit of between 70 million and 100 million yuan in the third quarter, an increase of 2579.12%-3727.31% compared to the same period last year; the company's net profit in the second quarter was only 7.899 million yuan. Therefore, the third quarter is also several times higher than the second quarter.