FilingReader Intelligence

CIMC Group sees profit jump despite revenue dip in H1 2025

August 27, 2025 at 01:30 PM UTCBy FilingReader AI

For the six months ended June 30, 2025, CIMC Group reported revenue of RMB76,090,392 million, a 3.82% decrease from the same period of 2024. Despite this, net profit attributable to shareholders and other equity holders surged by 47.63% to RMB1,278,156 million, compared to RMB865,781 million in the prior year. Basic earnings per share increased from RMB0.16 to RMB0.23.

The container manufacturing business saw its net profit rise by 13.20% to RMB1,444 million, even as revenue decreased by 12.88% to RMB21,735 million. The offshore engineering business turned a loss into a profit, recording RMB281 million in net profit compared to a net loss of RMB84 million in 2024, with revenue increasing by 2.95% to RMB8,014 million. The energy, chemical, and liquid food equipment business also experienced significant growth, with net profits increasing by 90.26% to RMB460 million.

The Group's cash and bank deposits increased by 20.54% to RMB26,061.516 million at June 30, 2025. The company does not plan to distribute an interim cash dividend for the period.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

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