CRRC reports significant revenue, profit growth in interim 2025
CRRC Corporation Limited reported a substantial increase in financial performance for the six months ended 30 June 2025. Revenue rose by 32.99% to RMB119.758 bn, with net profit attributable to shareholders increasing by an impressive 72.48% to RMB7.246 bn. Operating costs also increased by 32.30% to RMB93.633 bn, primarily due to higher revenue from railway equipment and new industries.
The company's basic earnings per share grew to RMB0.25 from RMB0.15 in the same period last year, marking a 66.67% increase. Total assets as of 30 June 2025 reached RMB542.823 bn, up 5.85% from the end of the previous year. New orders amounted to approximately RMB146 bn, with overseas orders contributing RMB30.9 bn.
The Board approved a profit distribution plan of RMB0.11 per share (tax inclusive), totaling RMB3.157 bn in aggregate cash dividends, subject to shareholder approval. CRRC also highlighted its continued focus on innovation, with total R&D investments reaching RMB6.940 bn, representing 5.79% of revenue.
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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