China Railway Signal & Communication Corp reports dip in profit

China Railway Signal & Communication Corporation Limited (HKEX:3969) announced its unaudited results for the first quarter of 2025, revealing a modest revenue increase alongside a decline in profitability. Revenue rose 2.93% to CNY 6,700.42 million from CNY 6,509.43 million in the same period last year. However, net profit attributable to shareholders of the listed company decreased by 7.08% to CNY 561.68 million. Basic and diluted earnings per share both saw a 16.67% decrease to CNY 0.05 per share. Net cash outflows from operating activities were CNY -3,996.02 million, compared to inflows of CNY 2,082.32 million last year. Total assets decreased marginally by 1.55% to CNY 116,066.95 million. The company's research and development investment was CNY 397.50 million, representing 5.93% of revenue.