EVE Energy's Q1 2025 Performance Growth
EVE Energy achieved operating revenue of 12.796 billion yuan in Q1, up 37.34% YoY. Net profit attributable to the parent company was 1.101 billion yuan, up 3.32% YoY. Non-GAAP net profit attributable to the parent company was 818 million yuan, up 16.6% YoY. The performance growth was attributed to the high quality and stable delivery of products. The company's ESS and power battery shipments experienced rapid growth, with ESS battery shipments reaching 12.67GWh in Q1, up 80.54% YoY, and power battery shipments reaching 10.17GWh in Q1, up 57.58% YoY.
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