Sunlord Electronics' Q1 2025 sales and profit surge

Shenzhen Sunlord Electronics (SZSE:002138) announced a 16.03% year-over-year increase in sales revenue, reaching CNY 1,460.74 million for the first quarter of 2025. Net profit attributable to shareholders rose by 37.02% to CNY 233.15 million. The company cites strong growth in the automotive electronics and data center sectors as key drivers, offsetting slower performance in communications and consumer electronics. Emerging products and new markets contributed to sales, improving the company's business structure. The gross profit margin stood at 36.56%. Research and development expenses increased to CNY 11.55 million. The company also highlighted the completion of a share repurchase program at a total cost of CNY 219.98 million.