Canny Elevator: Revenue up 8.93% but net profit down 7.56% as credit losses and competition rise

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

Revenue grew 8.93% year-over-year, driven by overseas and after-market business, but net profit fell 7.56% due to margin pressure and higher credit losses. The company maintained a strong order backlog and is focusing on after-market and overseas expansion amid industry headwinds.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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