Shangwei New Materials (688585.SH) released its financial results for the first quarter, with a net profit attributable to shareholders of 22.55 million yuan, representing a year-on-year increase of 22.26%.

Wisdom Financial APP News, ShangWei New Materials (688585.SH) disclosed its first quarter report of 2025, during the reporting period the company achieved a revenue of 369 million yuan, a year-on-year increase of 10.65%; the net profit attributable to shareholders was 22.55 million yuan, a year-on-year increase of 22.26%; the non-net profit was 21.25 million yuan, a year-on-year increase of 25.45%. Basic earnings per share is 0.06 yuan.