Zhejiang Jingsheng Mechanical & Electrical Co., Ltd. Class ASZSE: 300316

Zhejiang Jingsheng Mechanical & Electrical: Revenue and profit declined sharply, but operating cash flow and subsidies rose significantly

Apr 29, 2025 at 11:36 AM UTC · Issued by Zhejiang Jingsheng Mechanical & Electrical Co., Ltd. Class A

Q1 2025 saw revenue fall 30% and net profit drop 46% year-over-year, mainly due to lower crucible prices, while operating cash flow surged 224% and government subsidies increased sharply.

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Earlier from Zhejiang Jingsheng Mechanical & Electrical Co., Ltd. Class A

Zhejiang Jingsheng Mechanical & Electrical: Net profit dropped 44.93% on lower revenue and major asset impairments; R&D and overseas growth continuedApr 18, 2025
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