Chongqing Machinery & Electric Co., Ltd. (CHONGQING M&E; stock code: 02722) has released a positive profit alert, stating that unaudited consolidated management accounts for the year ended 31 December 2025 indicate a 70%–75% year-on-year increase in profit attributable to shareholders compared with FY2024.
Management attributes the sharp earnings acceleration to two principal factors: 1. High horsepower engine and ultra-high-voltage transformer segments capitalised on both domestic and overseas demand, boosting operating profit and lifting investment income. 2. Ongoing lean-management initiatives enabled the hydropower business to swing from loss to profit, further enhancing group-wide operational efficiency.
The figures are preliminary and have neither been audited nor reviewed by the company’s auditors or audit committee. CHONGQING M&E plans to publish its full FY2025 results on 20 March 2026.
The board advises shareholders and potential investors to exercise caution when dealing in the company’s securities.
Comments