Ankai Auto's Q1 revenue jumps nearly 15%, profit down

Anhui Ankai Automobile (SZSE:000868) reported a 14.84% year-over-year increase in revenue for the first quarter of 2025, reaching CNY657.60 million, compared to CNY572.59 million in the same period last year. However, net profit attributable to shareholders declined by 9.95% to CNY4.37 million, down from CNY4.85 million. The company's operating cash flow saw a substantial improvement, with a net outflow of CNY45.69 million compared to CNY158.35 million in the prior year. Basic earnings per share remained stable at CNY0.01. The report shows an increase in total assets to CNY3.79 billion and net assets to CNY863.80 million.