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Canny Elevator: Revenue and profit fell, but margins improved and service business is a key growth focus

Canny Elevator: Revenue and profit fell, but margins improved and service business is a key growth focus

Canny Elevator Co., Ltd. Class AMarch 27, 20254
Canny Elevator: Revenue and profit fell, but margins improved and service business is a key growth focus

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

Revenue and net profit declined year-over-year due to weak real estate demand, but gross margin and net profit margin improved. The company is focusing on expanding service and maintenance, maintaining a strong order backlog, and managing risks amid industry transformation.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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