Business
Zhejiang Jingsheng Mechanical & Electrical: Revenue and profit declined sharply, but operating cash flow and subsidies rose significantly
Zhejiang Jingsheng Mechanical & Electrical: Revenue and profit declined sharply, but operating cash flow and subsidies rose significantly
About this update from 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.Original document: This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.