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CRCCE: 2024 Annual Report
Guotai Junan: Excavator growth of 18.5% in March, with significant improvements in working hours and utilization rate.
Overall, in 2025, the Construction Machinery Industry faces both opportunities and challenges, with opportunities outweighing risks.
Hong Kong Stock Concept Tracking | In January and February, excavator exports surged year-on-year, Institutions are Bullish on the domestic Construction Machinery exceeding expectations recovery (including Concept stocks).
CME predicts that domestic excavator sales will increase by 22% year-on-year in March.
CRCCE (01786.HK) reported a net profit of 0.128 billion yuan in 2024, a year-on-year decrease of 11.60%.
On March 27, Gelonghui reported that CRCCE (01786.HK) announced that in 2024, the group will comprehensively advance key tasks in operation, Technology, production, and management, firmly anchoring the goals for high-quality development without waver. The focus on the central tasks of production operations will not be relaxed. The overall development trend of the group is stable and positive, aiming to achieve revenue of 3.12 billion yuan in the year, an increase of 0.63% compared to the same period last year. The profit attributable to the owners of the group is 0.128 billion yuan, a decrease of 11.60% compared to the same period last year. The decrease in profit attributable to the owners of the group is a comprehensive result of non-operating income decreasing year-on-year and an increase in income tax expenses.
Express News | Crcc High-Tech Equipment Corp Ltd - Proposed to Distribute Final Dividend in Cash of RMB0.028 per Share
Express News | Crcc High-Tech Equipment Corp FY Gross Margin 19.11%