Xiang Piao Piao: Net loss of 18.775 million yuan in the first quarter of 2025.

Xiang Piaopiao announcement, revenue for the first quarter of 2025 was 580 million yuan, a year-on-year decrease of 19.98%; net loss was 18.775 million yuan, compared to a net profit of 25.2126 million yuan in the same period last year.