CRRC's Q1 Profit to Balloon Up to 220%

MT Newswires Live

04/07

CRRC (HKG:1766, SHA:601766) expects an attributable profit of between 2.82 billion yuan and 3.23 billion yuan in the first quarter of 2025, up 180% to 220% from 1.01 billion yuan a year prior, a Monday filing with the Hong Kong bourse said.

The Chinese rolling stock manufacturer attributed the anticipated boost in profit mainly to a year-over-year rise in product sales.

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