FUYAO GLASS: 2025 FIRST QUARTERLY REPORT

In the first quarter of 2025, FUYAO GLASS achieved impressive performance, with revenue increasing by 12.16% year-on-year to 9.91 billion yuan, and net profit attributable to shareholders of the listed company surged by 46.25% year-on-year to 2.03 billion yuan, with an EPS of 0.78 yuan. The fundamentals continue to improve, and cash flow from operating activities (CFO) net amount increased by 54.41% year-on-year to 2.008 billion yuan.The growth in performance is mainly attributed to rapid revenue growth and improved operational efficiency, along with an increase in foreign exchange gains year-on-year. During the period, the net profit excluding non-recurring gains and losses reached 1.987 billion yuan, with a year-on-year growth of 30.9%; the gross margin remained stable, and cash...Show More

In the first quarter of 2025, FUYAO GLASS achieved impressive performance, with revenue increasing by 12.16% year-on-year to 9.91 billion yuan, and net profit attributable to shareholders of the listed company surged by 46.25% year-on-year to 2.03 billion yuan, with an EPS of 0.78 yuan. The fundamentals continue to improve, and cash flow from operating activities (CFO) net amount increased by 54.41% year-on-year to 2.008 billion yuan.The growth in performance is mainly attributed to rapid revenue growth and improved operational efficiency, along with an increase in foreign exchange gains year-on-year. During the period, the net profit excluding non-recurring gains and losses reached 1.987 billion yuan, with a year-on-year growth of 30.9%; the gross margin remained stable, and cash flow from operating activities continued to improve.As of March 31, 2025, the company's total Assets were 65.982 billion yuan, an increase of 4.31% compared to the end of the previous year; the equity attributable to shareholders of the listed company was 37.73 billion yuan, an increase of 5.7% compared to the end of the previous year. The company's overall financial condition is sound, with a reasonable asset-liability structure, laying a solid foundation for sustainable development in the future.