Swancor Advanced Materials' R&D spending up 11.8x in first three quarters, main business profit up 4.91%

Swancor Advanced Materials reported revenue of 1.209 billion yuan in the first three quarters, with net profit attributable to shareholders from its main business of 63.5181 million yuan, up 4.91% year on year. R&D spending reached 384 million yuan, up 1,182.01% year on year, of which 360 million yuan went to robotics R&D.