While CIMC Enric's 1Q24 revenue was down, new orders signed increased by 35.7%. Order backlog also grew 41.9% YoY and 17.8% against end-FY23. Management indicated good gross margin expansion.
What is covered in the Full Insight:
Company Overview and Financial Performance
Revenue in 1Q24
New Orders and Order Backlog
Per Segment Performance
Future Outlook
SUMMARY
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