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浙江龙盛(600352):1Q25 NP Improved Yoy, Property Business to Contribute Revenue
华泰金融·2025-05-14 06:33

Zhejiang Longsheng's 1Q25 revenue/attributable net profit (NP)/recurring NP were RMB3.24/0.40/0.29bn (-7.2/+100.4/+3.5% yoy, -38.7/-41.5/-57.7% qoq). The 1Q25 attributable NP beat our prior forecast (RMB300mn), mainly driven by its property business. Maintain OVERWEIGHT, considering a demand recovery in dye and intermediate products and continued revenue contributions from property operations. Equity Research Report Zhejiang Longsheng (600352 CH) 1Q25 NP Improved Yoy, Property Business to Contribute Revenue ...