Dalian Huarui Heavy Industry forecasts strong profit growth

Dalian Huarui Heavy Industry Group (SZSE:002204) anticipates a significant rise in its net profit attributable to shareholders for the first half of 2025. The company projects net profit to range between CNY 30,460 and CNY 32,600 thousand, representing an increase of 11.12% to 18.92% compared to the same period last year. Net profit attributable to shareholders after deducting non-recurring gains and losses is expected to be between CNY 25,860 and CNY 28,000 thousand, showing a growth of 11.36% to 20.57%. Basic earnings per share are forecast to be between CNY 0.1593 and CNY 0.1705. The growth is attributed to an estimated 6% increase in revenue, primarily driven by higher gross profit from material handling equipment. The forecast has not been audited by the company's auditor.