CIMC Enric (3899 HK): Robust Order Backlog Outshined Lower 1Q24 Revenue_老虎社区_美港股上老虎

CIMC Enric (3899 HK): Robust Order Backlog Outshined Lower 1Q24 Revenue

Smartkarma
2024-04-25

⬆ $CIMC Enric Holdings(03899)$ - While CIMC Enric's 1Q24 revenue was down, new orders signed increased by 35.7%. Order backlog also grew 41.9% YoY and 17.8% against end-FY23. Management indicated good gross margin expansion.

Continue reading on Smartkarma:- https://www.smartkarma.com/insights/cimc-enric-3899-hk-robust-order-backlog-outshined-lower-1q24-revenue?utm_source=tiger_community

By Osbert Tang, CFA, Insight Provider on Smartkarma:- https://www.smartkarma.com/profiles/osbert-tang-cfa?utm_source=tiger_community

On CIMC Enric Holdings (03899):- https://www.smartkarma.com/entities/cimc-enric-holdings-ltd?utm_source=tiger_community

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