Qifu Technology reported a 51% year-over-year decrease in net profit for the first quarter, with earnings falling to 880 million yuan from 1.797 billion yuan in the same period last year. The company's total net revenue also saw a decline, dropping to 3.909 billion yuan from 4.691 billion yuan. This financial report comes amidst broader industry trends, including a positive outlook for the domestic gas turbine sector due to increasing export orders and rising prices. AI
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