---
title: "GPED: Net profit of 657 million yuan in the first quarter, a year-on-year increase of 56.28%"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/238046745.md"
description: "On the evening of April 29th, GPED disclosed its quarterly report, stating that the company achieved operating revenue of 1.05 billion yuan in the first quarter of 2025, a year-on-year decrease of 6.63%; net profit was 657 million yuan, a year-on-year increase of 56.28%. During the reporting period, the subsidiary Guangfo Expressway Co., Ltd. reversed bad debt provisions, resulting in an increase in total profit and consequently an increase in net profit"
datetime: "2025-04-29T11:43:21.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/238046745.md)
  - [en](https://longbridge.com/en/news/238046745.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/238046745.md)
---

> Supported Languages: [简体中文](https://longbridge.com/zh-CN/news/238046745.md) | [繁體中文](https://longbridge.com/zh-HK/news/238046745.md)


# GPED: Net profit of 657 million yuan in the first quarter, a year-on-year increase of 56.28%

On the evening of April 29, GPED disclosed its first-quarter report, showing that the company achieved operating revenue of 1.05 billion yuan in the first quarter of 2025, a year-on-year decrease of 6.63%; net profit was 657 million yuan, a year-on-year increase of 56.28%. During the reporting period, the subsidiary Guangfo Expressway Co., Ltd. reversed bad debt provisions, resulting in an increase in total profit and consequently an increase in net profit

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