CRRC Corp anticipates significant Q1 2025 profit growth

CRRC Corporation Limited (SSE:601766) anticipates a substantial increase in its first-quarter 2025 financial performance, with net profit attributable to shareholders expected to range between CNY 2.822 billion and CNY 3.226 billion. This represents a significant year-over-year increase of 180% to 220% compared to the same period last year. The company also projects net profit after deducting non-recurring gains and losses attributable to shareholders to be between CNY 2.605 billion and CNY 2.872 billion, an increase of 290% to 330% year-over-year. The anticipated growth is attributed to increased product sales. CRRC Corp advises investors to be aware of investment risks, as the disclosed data is preliminary.