CIMC Enric's Revenue Rises 8% in Nine Months to September

MT Newswires Live

Oct 25, 2024

CIMC Enric Holdings' (HKG:3899) revenue increased by 8% to around 18.0 billion yuan in the nine months ended Sept. 30, from 16.6 billion yuan in the year-ago period, according to a Friday filing with the Hong Kong bourse.

CIMC logged 20.8 billion yuan for new orders during the reporting period, 5.1% higher than 19.8 billion yuan recorded for the corresponding period last year.

As of Sept. 30, the group had 27.7 billion yuan in backlog orders, 25.2% up from 22.2 billion yuan logged for last year's period.

The gas equipment company's revenue increased by 10.4% to 6.49 billion yuan in the three months ended Sept. 30, from 5.88 billion yuan in the year-ago period.

The shares of the company closed over 1% higher on Friday.

Price (HKD): $6.81, Change: $+0.080, Percent Change: +1.19%

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