Weir Group: Company's gross profit margin is expected to further improve.

On April 30, Weir Group's executives stated during an institutional research interview that the company is continuously optimizing its product structure and streamlining its supply chain to increase efficiency, with the hope of further improving its gross profit margin. It was reported that in 2024, the company's annual comprehensive gross profit margin was 29.36%, an increase of 7.74 percentage points compared to the previous year; in the first quarter of 2025, the gross profit margin continued to improve, achieving a comprehensive gross profit margin of 31.03%, an increase of 3.14 percentage points year-on-year and 2.05 percentage points compared to the previous quarter.