BLT Releases Q1 2025 Financial Report: Revenue Reaches RMB 227 Million, with Continued Emphasis on R&D Investment

In the first quarter of 2025, BLT achieved operating revenue of RMB 227 million, representing a 7.30% increase compared to RMB 212 million in the same period last year. This growth signals tangible progress in the company’s market expansion efforts and steady business scale development. Amidst an intensely competitive market landscape, BLT has maintained positive revenue growth by continuously refining its products and services while actively cultivating customer resources.

The net profit attributable to shareholders of the listed company for this quarter stood at negative RMB 14.95 million, a decline from a profit of RMB 957,500 in the corresponding period of the previous year. According to the report, this downturn in profitability primarily stems from a substantial rise in direct R&D expenditure and increased employee compensation.

During the quarter, R&D investment reached RMB 77.66 million, marking a year-on-year increase of 42.74%. The R&D-to-revenue ratio surged to 34.21%, up 8.49 percentage points from the same period last year. While such a significant investment in research and development imposes short-term pressure on profitability, it is expected to enhance the company's technological capabilities and fortify its core competitiveness over the long term.

Overall, BLT delivered revenue growth in the first quarter of 2025, made strides in market expansion, and improved its operating cash flow. However, challenges remain in balancing profitability with elevated R&D expenditures. Looking ahead, as R&D achievements begin to materialize, the company is poised to strengthen its product competitiveness, improve profitability, and progress toward sustainable development.