FilingReader Intelligence

Jifeng Automotive reports 190% profit jump despite revenue decline

August 14, 2025 at 05:12 PM UTCBy FilingReader AI

Ningbo Jifeng Auto Parts reported net profit jumped 189.51% to 153.8m yuan in the first half of 2025, despite revenue falling 4.39% to 10.5bn yuan.

The revenue decline was primarily due to the sale of US TMD operations in the prior period. The company's passenger car seats business drove the improved profitability.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

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