FilingReader Intelligence

Dongyue Organosilicon's Q1 profit drops amid revenue decline

April 25, 2025 at 05:44 PM UTCBy FilingReader AI

Shandong Dongyue Organosilicon Materials (SZSE:300821) announced a decline in key financial metrics for the first quarter of 2025. Revenue decreased by 15.68% year-over-year, reaching CNY 1,202,001,050.99, while net profit attributable to shareholders fell by 19.72% to CNY 36,819,360.41. Excluding the impact of share-based payments, net profit attributable to shareholders experienced a smaller decline of 0.96%. Operating cash flow increased significantly, reaching CNY 62,885,000.18 compared to a prior year outflow. The company noted changes in several balance sheet items, including a substantial increase in accounts receivable due to extended credit terms for certain customers. The company also experienced shifts in management and research and development expenses, with research and development costs decreasing primarily from fewer research projects.

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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