Tianbao Infrastructure: Net profit for the first quarter was 100 million yuan, a year-on-year increase of 737.29%.

Tianbao Construction disclosed its first quarter report on the evening of April 27th. The company achieved operating income of 169 million yuan in the first quarter of 2025, a year-on-year decrease of 34.62%; net profit was 100 million yuan, a year-on-year increase of 737.29%, mainly due to the refund of land value-added tax during the reporting period.