CRCCE (01786) released its performance for the 6 months ending on June 30, 2024, during which the group achieved a total...
Zhongtong Finance APP news, CRCCE (01786) released its performance for the 6 months ending on June 30, 2024, with a total revenue of 1.722 billion yuan (RMB, the same below), an increase of 7.43% year-on-year; the attributable profit to the company's owners was 61.35 million yuan, an increase of 37.59% year-on-year; and the basic EPS was 0.04 yuan.
The group is based on the main business of large-scale railway machinery, and achieved machinery and equipment sales revenue of 0.744 billion yuan in the first half of 2024, a decrease of 0.185 billion yuan compared to the same period last year, a decrease of 19.90% year-on-year. The reason for the year-on-year decrease is that some products are still in the production stage and have not been delivered.
The group is consolidating and deepening its presence in the national railway market, with continuous growth in accessory sales at the national railway mall. In the first half of 2024, the group's accessory sales revenue increased by 0.158 billion yuan compared to the same period last year, a growth of 43.06%.
The group is dedicated to enhancing the value-added services of remanufacturing. In the first half of 2024, the scale of railway machinery maintenance business increased by 0.142 billion yuan compared to the same period last year, a growth of 72.08%.
In the second half of the year, the company will further deepen comprehensive reforms, focusing on key areas such as technology innovation, market development, refined management, value creation, and business-finance integration. Taking refined management as the starting point, it will continue to promote management enhancement; face market demand and improve business leadership, continuously improving business quality; focus on result transformation and project execution, and continue to strengthen technological innovation; adhere to quality control throughout, and comprehensively strengthen product quality. Efforts will be made to drive the company to achieve various economic indicators and realize high-quality development.