Guansheng Shares recently responded to share price fluctuations during an investor relations event, stating that the company's production and operations are normal with no major risks. In 2025, total operating revenue was 4.449 billion yuan, up 10.67% year-on-year, but net profit attributable to the parent was 295 million yuan, down 0.93% year-on-year. In the first quarter of this year, total operating revenue was 1.108 billion yuan, up 23.99% year-on-year, while net profit attributable to the parent was 77.7675 million yuan, down 7.40% year-on-year, and core net profit was 67.4993 million yuan, down 10.91% year-on-year. The financial expense ratio rose by 5.05 percentage points to 4.34% due to increased exchange losses. The company said it has addressed exchange rate risks through contract price adjustment clauses and hedging operations, and mentioned that its Dubai warehouse in the Middle East has commenced operations, but geopolitical conflicts have had a short-term impact on shipping costs.
GSP Automotive Group Wenzhou Co LtdFirst-quarter net profit down 7.40% and core net profit down 10.91%, with financial expense ratio rising due to exchange losses.
