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Eurocrane Semi-annual Report

Date:2024-08-24

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EUROCRANE (603966.SH) has released its semi-annual report. During the reporting period, the company achieved a revenue of CNY 806 million and a net profit attributable to shareholders of the listed company of CNY 86.5764 million , a year-on-year increase of 0.66%. The net profit attributable to shareholders of the listed company, excluding non-recurring gains and losses, was CNY 85.2624 million , up 10.35% year-on-year.

The company continues to advance its global strategy for industrial cranes, with newly signed projects covering major global markets, pioneering the globalization of Chinese industrial cranes in multiple markets. During the reporting period, new orders from overseas accounted for nearly 40% of the total, setting a new record for the proportion of overseas orders. The company is continuously expanding its overseas sales team and improving its sales and service network layout in key global markets. Leveraging the brand effect of Voithcrane, the company is promoting efficient collaboration among R&D, marketing, and maintenance resources, accelerating the expansion of its overseas business.

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