Hongwei Technology (688711.SH) released its first quarter financial results, with a net profit attributable to shareholders of 1.0837 million yuan, turning losses into profits.

According to the Zhitong Financial APP, Hongwei Technology (688711.SH) released its first-quarter report for 2025. The company's first-quarter operating income was 297 million yuan, an increase of 20.70% year-on-year; the net profit attributable to shareholders of the listed company was 1.0837 million yuan, turning a loss into a profit; the net loss attributable to shareholders of the listed company after deducting non-recurring gains and losses was 898,600 yuan, narrowing the loss; and the basic earnings per share were 0.0051 yuan per share.