CRRC's (HKG:1766, SHA:601766) net profit attributable to shareholders in 2024 rose 5.8% to 12.4 billion yuan from 11.7 billion yuan a year earlier, according to a Hong Kong Stock Exchange filing on March 28.
Earnings per share increased 4.9% year on year to 0.43 yuan from 0.41 yuan, missing Visible Alpha estimates of 0.47 yuan per share.
The Chinese rolling stock manufacturer's revenue climbed 5.2% to 246.5 billion yuan from 234.4 billion yuan in the previous year. The current figures are lower than the VA analysts' forecast of 250.1 billion yuan.
The company proposed a cash dividend of 0.21 yuan per share, the filing said.
The company's Hong Kong shares dipped over 6%, while Shanghai shares fell over 3% in recent trade.
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