Dalian Heavy Industry: Net profit is expected to increase by 19.91%-28.52% year-on-year in the first three quarters.

Dalian Heavy Industry announced that it is expected to achieve a net profit of RMB 474 million to 508 million in the first three quarters of 2025, with a year-on-year growth of 19.91% to 28.52%. The net profit for the third quarter is expected to be RMB 162 million to 196 million, with a year-on-year growth of 33.58% to 61.69%. During the reporting period, the company's performance growth is mainly due to the steady increase in operating income. The company's operating income is expected to reach around RMB 10.9 billion, an increase of about 7.6% compared to the same period last year, which will drive the overall gross profit growth of the company, with a significant year-on-year increase in the gross profit of material handling equipment.