CRRC (01766) saw its stock price soar by 5.37% to HK$6.47 in the morning trading session, with a trading volume of HK$87.73 million. The significant uptick comes on the heels of the company's impressive interim results announcement for 2025.
According to the financial report released on August 22nd, CRRC posted robust growth across key metrics. The company's operating revenue surged by 32.99% year-over-year to RMB 119.76 billion. More notably, net profit attributable to shareholders of the listed company skyrocketed by 72.48% to RMB 7.246 billion, translating to a basic earnings per share of RMB 0.25.
The stellar performance was primarily driven by growth in the railway equipment and new industry segments. Breaking down the revenue structure, the railway equipment business contributed 49.86% of total revenue, showing a substantial increase of 42.21% compared to the same period last year. This growth was mainly attributed to increased revenues from electric multiple units (EMU) and freight car businesses. The urban rail and urban infrastructure business accounted for 14.53% of revenue, while the new industry business and modern service business contributed 34.01% and 1.60%, respectively.
Furthermore, CRRC demonstrated strong market traction by securing new orders worth approximately RMB 146 billion during the reporting period. Notably, overseas orders accounted for about RMB 30.9 billion of this total, highlighting the company's expanding global presence and potential for future growth.