Zhejiang Shibao's Q1 Profit Balloons 124%

MT Newswires Live

2025/04/23

Zhejiang Shibao (SHE:002703, HKG:1057) recorded a 124% rise in attributable profit in the first quarter to 48.7 million yuan from 21.8 million yuan a year prior, a Tuesday filing with the Hong Kong bourse said.

Earnings per share stood at 0.0592 yuan in Q1, up from 0.0276 yuan in the year-ago period.

The auto parts maker's operating revenue rose 45% year on year to 717.8 million yuan from 493.4 million yuan.

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