Yangtze Optical Fibre And Cable (6869) Q1 2025 earnings summary

Executive summary

• Operating income for Q1 2025 reached RMB 2.89 billion, up 21.23% year-over-year, driven by higher sales and improved gross profit.

• Net profit attributable to equity shareholders surged 161.91% year-over-year to RMB 151.7 million.

• Net cash generated from operating activities increased 318.57% year-over-year to RMB 435.5 million.

Financial highlights

• Operating income: RMB 2,893.8 million (Q1 2025) vs. RMB 2,386.9 million (Q1 2024), up 21.23%.

• Net profit attributable to equity shareholders: RMB 151.7 million, up 161.91% year-over-year.

• Net profit excluding non-recurring items: RMB 43.2 million, up 77.07% year-over-year.

• Basic and diluted EPS: RMB 0.20, up 150% year-over-year.

• Total assets at quarter-end: RMB 31.98 billion, up 0.80% from year-end 2024.

Outlook and guidance

• Profit growth attributed to increased operating revenue and gross profit compared to the same period last year.