Shanghai SHAUNG LONG Electric Co., Ltd. (600769.SH) released its first quarter performance report, with a net profit of 4.54 million yuan attributable to the parent company, an increase of 13.48% year-on-year.

Financial news from the Wise Finance APP, Xianglong Electrical (600769.SH) disclosed its first quarter report for 2025. During the reporting period, the company achieved a revenue of 18.04 million yuan, a year-on-year decrease of 11.01%; net profit attributable to shareholders was 4.54 million yuan, a year-on-year increase of 13.48%; non-recurring net profit was 4.13 million yuan, a year-on-year increase of 6.19%. Basic earnings per share were 0.0121 yuan.