CRRC's Net Profit Increased 10.36% in First Quarter of This Year

FORM: 03/05/2018 Browse number:1302

By Zhang Lipeng in Beijing | CRRC | Updated: 03-May-2018

On 26th April, CRRC released its first quarterly report for 2018. In the first quarter of this year, CRRC achieved an operating revenue of RMB 32.923 billion. The net profit attributable to the shareholders of listed company reached RMB 1.27 billion, seeing a year-on-year increase of 10.36%.

In the first quarter of this year, the operating revenue of CRRC with respect to railway equipment business increased by 21.05% on a year-on-year basis, including the revenue of RMB 2.155 billion for locomotive business, RMB 253 million for passenger train business, RMB 11.171 billion for EMU business, and RMB 2.283 billion for freight train business.

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