Rongsheng Petrochemical Q1 revenue declines, net profit rises

Rongsheng Petrochemical (SZSE:002493) reported a decrease in revenue for the first quarter of 2025, with operating income declining by 7.54% to CNY74,975,429,161.64 compared to the same period last year. However, the net profit attributable to shareholders increased by 6.53% to CNY588,401,349.75. Excluding non-recurring gains and losses, the net profit attributable to shareholders increased significantly by 30.28% year-over-year to CNY618,349,603.39. Cash flow from operating activities saw a substantial rise of 93.19%, reaching CNY7,977,336,348.96. The company's total assets stood at CNY391,005,092,490.96 at the end of the reporting period, an increase of 3.48% from the end of the previous year. Equity attributable to shareholders increased by 1.14% to CNY44,359,664,314.69.