Zhuzhou CRRC Times Electric Co Class H ( (ZHUZF) ) has released its Q1 earnings. Here is a breakdown of the information Zhuzhou CRRC Times Electric Co Class H presented to its investors.
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Zhuzhou CRRC Times Electric Co., Ltd., a leading provider of electric equipment and systems for rail transit and emerging industries, has reported its financial results for the first quarter of 2025. The company, which operates primarily in the rail transit sector, is known for its innovative solutions and significant investments in research and development.
In the first quarter of 2025, Zhuzhou CRRC Times Electric reported a revenue of RMB 4.54 billion, marking a 14.81% increase compared to the same period last year. The net profit attributable to shareholders rose by 13.42% to RMB 631.27 million, while the net profit after deducting non-recurring items surged by 29.52% to RMB 597.10 million. This growth was driven by increased sales and improved operational efficiency.
Key financial highlights include a notable increase in net cash flow from operating activities, which turned positive at RMB 54.46 million, compared to a negative cash flow in the previous year. The company’s investment in research and development also grew by 13.72%, reflecting its commitment to innovation. The rail transit electric equipment business and emerging equipment business were significant contributors to revenue growth, with increases of 18.89% and 20.88%, respectively.
Looking ahead, Zhuzhou CRRC Times Electric remains focused on expanding its market presence and enhancing its product offerings. The management is optimistic about the company’s growth prospects, supported by its robust financial performance and strategic investments in key business segments.
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