Poly Developments (600048.SH) released its first quarter financial results, with a net profit attributable to the parent company of 1.951 billion yuan, a decrease of 12.27% year-on-year.

News from the Sina Finance app, Poly Developments (600048.SH) released its first quarter report for 2025. The company's first quarter operating income was 54.272 billion yuan, a year-on-year increase of 9.09%; net profit attributable to shareholders of the listed company was 1.951 billion yuan, a year-on-year decrease of 12.27%; net profit attributable to shareholders of the listed company after deducting non-recurring gains and losses was 1.891 billion yuan, a year-on-year decrease of 10.65%; basic earnings per share were 0.16 yuan/share.