East Heavy Machinery: It is expected that the net profit will decrease by 39.05% to 59.36% compared to the same period in 2025.

date
23/01/2026
East China Heavy Machinery announced that it is expected to have a net profit of 50-75 million yuan in 2025, a year-on-year decrease of 39.05% to 59.36%. Compared to the previous year, the company did not generate significant investment income during this reporting period, leading to a decrease in net profit. In 2024, the company completed the divestment of its CNC machine tool business, transferring 100% equity of Guangdong Runxing Technology Co., Ltd. on December 17, 2024, generating investment income of 253 million yuan. This transaction is considered as a non-recurring gain or loss.