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Canny Elevator: Net profit surged 28.58% year-over-year, with robust orders but ongoing investment recovery risks

Canny Elevator: Net profit surged 28.58% year-over-year, with robust orders but ongoing investment recovery risks

Canny Elevator Co., Ltd. Class AApril 28, 20253
Canny Elevator: Net profit surged 28.58% year-over-year, with robust orders but ongoing investment recovery risks

About this update from Canny Elevator Co., Ltd. Class A

Net profit rose 28.58% year-over-year to ¥69.14 million despite a 4.80% revenue decline. Operating cash flow improved sharply, and the order backlog remains strong, though risks persist from overdue wealth management products and ongoing litigation.Original document: This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.

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