CIMC projects significant profit growth in Q1 2025

China International Marine Containers (CIMC) (SZSE:000039) anticipates a significant surge in net profit attributable to shareholders for the first quarter of 2025. The company forecasts a profit range of between CNY450 million and CNY650 million, representing a year-on-year increase of 438% to 677% compared to the CNY83.635 million reported in the same period last year. Excluding non-recurring gains and losses, the projected net profit attributable to shareholders falls between CNY430 million and CNY630 million, a 91% to 180% increase from the CNY225.066 million in Q1 2024. Basic earnings per share are expected to be between CNY0.0796 and CNY0.1168. The company attributes this growth to the sustained demand in its container manufacturing business and more flexible hedging strategies that improved foreign exchange results. The company has yet to be audited by any accounting firm. The full financial results will be disclosed in the company’s first-quarter report.