Dalian Huarui first quarter profit surges, shareholding shifts
Dalian Huarui Heavy Industry Group (SZSE: 002204) anticipates a substantial increase in net profit attributable to shareholders for the first quarter of 2025, projecting earnings between ¥160 million and ¥195 million, a 12.22% to 36.77% increase year-over-year. The company attributes this positive outlook to an expected 10% rise in revenue, reaching approximately ¥3.5 billion, driven by improved gross profit margins in material handling and metallurgical equipment sectors.
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