Cssc Offshore & Marine Engineering (00317) expects its net profit attributable to shareholders for the first quarter to increase by 1005.77% to 1200.91% year-on-year.

Cssc Offshore & Marine Engineering (00317) announced that it is expected to achieve a net profit attributable to the owners of the parent company of RMB 170 million to 200 million in the first quarter of 2025, representing an increase of 1005.77% to 1200.91% compared to the same period last year (statutory disclosure data). During this reporting period, the company focused on annual target tasks, deepened lean management, steadily increased ship product revenue and production efficiency, and improved product gross profit compared to the same period last year; the operating performance of the company's joint ventures improved, and investment income confirmed an increase compared to the same period.