Global EditionASIA 中文双语Français
Business
Home / Business / Companies

Profits of Chinese train maker CRRC up 4.76% in 2018

Xinhua | Updated: 2019-03-29 15:16
Visitors walk past the stand of CRRC during an expo in Nanjing city, East China's Jiangsu province, Oct 12, 2018. [Photo/IC]

BEIJING - Net profit of Chinese train maker CRRC Corporation Ltd rose 4.76 percent in 2018 to 11.3 billion yuan ($1.7 billion), the company said Thursday.

The world's largest supplier of rail transit equipment said its business revenue increased 3.82 percent to reach 219 billion yuan last year, mainly thanks to growing sales for railway equipment and urban rail transit products.

The company's revenue from orders on the Chinese mainland went up 4.13 percent year-on-year, while that from overseas orders edged up 0.76 percent.

CRRC was formed in June 2015 through the merger of China's top two train makers -- China North Railway and China South Railway.

Top
BACK TO THE TOP
English
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US