MustangBattery released its first-quarter performance, with a net profit attributable to the parent company of 11.97 million yuan, a year-on-year decrease of 50.27%

According to the Zhitong Finance APP, MustangBattery (605378.SH) disclosed its first-quarter report for 2025, showing that the company achieved revenue of 241 million yuan during the reporting period, a year-on-year increase of 12.09%; the net profit attributable to shareholders was 11.97 million yuan, a year-on-year decrease of 50.27%; the net profit excluding non-recurring gains and losses was 8.89 million yuan, a year-on-year decrease of 58.57%. The basic earnings per share were 0.06 yuan