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Ousheng Electric: Expected net profit to rise by 40% - 55% year-on-year in the first quarter of 2025.
According to Jin10 data on April 18, Ousheng Electric announced that the net profit attributable to shareholders of the listed company in the first quarter of 2025 is expected to be between 59.89 million yuan and 66.31 million yuan, an increase of 40%-55% compared to 42.78 million yuan in the same period last year. The net profit after deducting non-recurring gains and losses is expected to be between 55.94 million yuan and 61.94 million yuan, an increase of 40%-55% compared to 39.96 million yuan in the same period last year. The company stated that driven by the continuous prosperity of the pneumatic tool consumption market in North America, the expansion of non-North American markets and continuous research and innovation have provided new momentum for the company's performance growth.