Canny Elevator Co., Ltd. Class ASZSE: 002367

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

· Issued by 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.

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