Cssc Offshore & Marine Engineering (00317) is expected to increase its net profit attributable to parent by 149.61% to 196.88% in 2025 compared to the previous 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 9.4 billion to 11.2 billion in the financial year 2025, representing an increase of 149.61% to 196.88% year-on-year. It is also expected to achieve a net profit attributable to the owners of the parent company, excluding non-recurring gains and losses, of RMB 8.5 billion to 10.2 billion in the financial year 2025, representing an increase of 153.27% to 203.93% year-on-year. During the reporting period, the company's operating performance steadily increased, mainly due to the improvement in shipbuilding product revenue and production efficiency, as well as an improvement in product gross profit margin year-on-year. Additionally, the operating performance of joint ventures significantly improved, with an increase in dividends from associated companies, resulting in a substantial year-on-year increase in investment income recognized by the company.