Zhuzhou CRRC Times Electric's revenue increased by 27.2% and net profit increased by 30.44% in the first quarter

The old state-owned enterprise Zhuzhou CRRC Times Electric had revenue of approximately 3.925 billion yuan in the first quarter of 2024, an increase of approximately 27.2% year-on-year; net profit was approximately 568 million yuan, an increase of approximately 30.44% year-on-year; gross profit margin was 34.06%; and net profit margin was 14.71%.