CIMC ENRIC (03899) announced its financial results for the first quarter of 2026. During the period, the group controlled the revenue scale of its clean energy natural gas trading business to enhance revenue quality. Additionally, due to the combined impact of weaker performance in the chemical environment and liquid food segments, the group achieved revenue of 5.144 billion yuan, a decrease of 10.8% compared to the same period last year. Domestic and overseas market revenues accounted for 57.2% and 42.8% of the group's total revenue, respectively (compared to 54.5% and 45.5% in the same period of 2025). Overseas revenue for the clean energy, chemical environment, and liquid food divisions accounted for 33.5%, 82.7%, and 89.2% of their respective divisional revenues (overseas revenue proportions for the same period in 2025 were 33.3%, 82.5%, and 82.7%, respectively). During the quarter, overall demand for clean energy—both maritime and land-based—remained robust. Demand for chemical environment tank containers was positive, and potential demand for liquid food showed improvement. As a result, the group achieved impressive growth in new orders for the first quarter of 2026, with cumulative new orders reaching 6.243 billion yuan, a significant increase of 36.7% year-on-year. As of the end of March 2026, the order backlog stood at 31.433 billion yuan, up 11.0% year-on-year, laying a solid foundation for the group's future business growth.
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