Shanghai Electric Group Company Limited (the "Company") has released its estimated annual results for the period from 1 January 2025 to 31 December 2025. The net profit attributable to owners of the Company is projected to be between RMB1.10 billion and RMB1.32 billion, reflecting an increase of RMB0.35 billion to RMB0.57 billion compared with the same period in 2024. This range corresponds to a growth of approximately 47% to 76%.
The Company also expects the net profit attributable to owners after deducting non-recurring gains or losses to reach RMB0.20 billion to RMB0.24 billion, marking a significant turnaround from the loss of RMB0.62 billion in 2024. According to the announcement, steady development of core operations, alongside deeper operational management, supported both revenue and profit expansion.
In 2024, the total profit of the Company stood at RMB3.74 billion, with the net profit attributable to owners amounting to RMB0.75 billion. During the same period, basic earnings per share were RMB0.048. The preliminary figures in the new forecast remain unaudited, and the final data will be confirmed by the 2025 annual report. The Company states there are no major uncertainties currently affecting the accuracy of these estimates.
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