Zhuzhou CRRC Times Electric reports strong interim revenue, profit growth

Zhuzhou CRRC Times Electric Co., Ltd. reported a 17.95% year-on-year increase in revenue, reaching RMB12.21bn for the six months ended 30 June 2025. Net profit attributable to shareholders rose by 12.93% to RMB1.67bn, with basic earnings per share at RMB1.21, up 15.24%. The company's net cash flow from operating activities saw a substantial increase of 188.52% to RMB1.88bn, primarily due to higher cash receipts from sales of goods and services.

The board approved a cash dividend of RMB4.40 (tax inclusive) for every ten shares, totaling RMB597.5m, representing 35.75% of the net profit attributable to shareholders. During the reporting period, the company repurchased 44,371,600 H shares for approximately HK$1.37bn, contributing to a decrease in total share capital. R&D investment as a percentage of revenue increased to 10.40%, reflecting the company's commitment to innovation in rail transit and emerging industries.