Sanhua Intelligent Controls: Profit surges 39.47% in Q1 2025

Zhejiang Sanhua Intelligent Controls (SZSE:002050) has announced a significant increase in profitability for the first quarter of 2025. The company's Q1 report reveals a 39.47% year-over-year surge in net profit attributable to shareholders, reaching CNY 903.42 million, up from CNY 647.74 million in the same period last year. Revenue also saw a substantial increase of 19.10%, climbing to CNY 7.67 billion. Basic and diluted earnings per share both increased to CNY 0.24 from CNY 0.17. The company attributes the increase in cash flow from operating activities to revenue growth driving increased cash receipts from the sale of goods and services. Total assets reached CNY 37.16 billion.