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