HK Stock Movement | CRRC (01766) Plunges Over 8% as Q3 Net Profit Drops 10.7% YoY
Stock News
Oct 31
CRRC (01766) fell more than 8%, dropping 8.19% to HK$6.05 by the time of writing, with a turnover of HK$80.35 million.
The company reported its financial results for the first three quarters of 2025, showing revenue of approximately RMB183.865 billion, up 20.49% year-on-year. Net profit attributable to shareholders reached RMB9.964 billion, a 37.53% increase compared to the same period last year.
However, in the third quarter alone, revenue stood at RMB64.107 billion, marking a modest 2.5% growth. Net profit attributable to shareholders declined 10.7% year-on-year to RMB2.719 billion.
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