Robust results for China’s CIMC Enric in full-year 2011


CIMC Enric Holdings Limited (CIMC Enric) has announced its annual results for the year ended 31st December (2011) and has seen turnover leap by 68% for FY2011.

According to a statement of 19th March, the company declared turnover of RMB 6.716m for FY2011, while profit attributable to Equity Shareholders surged 104.8% to RMB 567.1m.

CIMC Enric described 2011 as a year of ‘fruitfulness and growth’ and cited its efforts in capacity enhancements and technology improvements as factors behind the strong growth.

The company’s energy equipment segment remained the top-grossing sector of the group, with revenue rising by 36.6% over 2010 and accounting for 48.7% of the group’s total turnover.

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