上实发展：2025年第一季度净亏损8165.42万元

Core Insights - The company reported a revenue of 634 million yuan for Q1 2025, representing a year-on-year growth of 17.44% [1] - The net loss for the same period was 81.65 million yuan, an improvement compared to a net loss of 148 million yuan in the previous year [1] Financial Performance - Q1 2025 revenue: 634 million yuan, up 17.44% year-on-year [1] - Q1 2025 net loss: 81.65 million yuan, improved from a net loss of 148 million yuan in Q1 2024 [1]