CIMC Enric's CLPT reports revenue rise despite profit dip

CIMC Enric Holdings Limited (HKEX:3899) announced the audited financial data for its subsidiary, CIMC Liquid Process Technologies Co., Ltd. (CLPT), for the year ended December 31, 2024. CLPT reported revenue of RMB 4,466.45 million, a 3.91% increase compared to the previous year. However, net profit attributable to shareholders of the listed company fell to RMB 279.35 million, a 5.71% decrease. Basic earnings per share stood at RMB 0.38, down 5.00%. Total assets increased by 4.57% to RMB 4,688.59 million. The company's board has noted CLPT's gearing ratio (consolidated) at 45.32%.