CRSC reports stable H1 2025 performance, revenue up 2.91%

CRSC reported operating revenue of RMB14.665 bn for the first half of 2025, a 2.91% increase year-on-year. Net profit attributable to shareholders rose 1.34% to RMB1.62 bn. The company's total assets stood at RMB115.51 bn, a 2.02% decrease from the end of the previous year, while net assets attributable to shareholders were RMB47.84 bn, a 0.38% decrease.

The railway sector contributed RMB8.324 bn to revenue. Urban rail and overseas sectors grew by 12.85% and 55.92% respectively. New signed contracts totaled RMB17.568 bn, with RMB0.03 bn from the low-altitude economic sector. R&D investment as a percentage of revenue increased by 0.25 percentage points to 5.79%.

The company continues to focus on "intelligent control" technologies across rail transit and the low-altitude economy. It has deployed 49 service scenarios in 34 cities for unmanned drone inspection and completed key high-speed rail projects.