天奇股份：一季度净利润同比增长1701.43%

Core Viewpoint - Tianqi Co., Ltd. reported a significant increase in net profit for Q1 2025, driven by asset disposal gains and favorable currency exchange rates, despite a slight decline in revenue [1]. Financial Performance - The company achieved an operating revenue of 622 million yuan, representing a year-on-year decrease of 4.20% [1]. - The net profit attributable to shareholders reached 42.30 million yuan, marking a remarkable year-on-year growth of 1701.43% [1]. Key Factors Influencing Results - The increase in net profit was primarily due to the completion of the transfer of land for sale by its subsidiary, Tianqi Heavy Industry, which resulted in increased asset disposal income [1]. - The appreciation of the euro against the US dollar contributed to a rise in foreign exchange gains compared to the same period last year [1]. - Management expenses decreased year-on-year, mainly due to a reduction in share-based payment expenses, as there were no share-based payment costs in the current period following the termination of the previous equity incentive plan [1].