CRRC Corp Ltd Quarterly Results Expected on March 28, 2025
CRRC Corp Ltd is scheduled to release its quarterly results on March 28, 2025. Analysts forecast a profit of approximately 0.19 CNY per share, representing a decrease from the previous year’s earnings of 0.21 HKD per share.
Revenue Projections
One analyst predicts a 3.16% increase in revenue compared to the previous year’s quarter, with a forecasted revenue of 101 billion CNY.
Market Influences
The company’s financial performance is expected to be influenced by broader market trends, including changes in the Chinese capital market. The central government’s policies and support for innovation-driven enterprises are anticipated to have a positive impact on the company’s performance.
Industry Peers
CRRC’s peers in the industry, such as China Railway Group and China State Construction Engineering, are also expected to be affected by the changing market landscape.
Key Statistics
- Forecasted profit: 0.19 CNY per share
- Previous year’s earnings: 0.21 HKD per share
- Forecasted revenue: 101 billion CNY
- Revenue increase: 3.16% compared to the previous year’s quarter