SH ELECTRIC forecasts 12%–22% YoY increase in H1 2026 net profit to up to RMB1.00 billion

Bulletin Express07-20

Shanghai Electric Group Company Limited (SH ELECTRIC) expects net profit attributable to shareholders for the first half of 2026 to range between RMB0.92 billion and RMB1.00 billion, according to a results estimate filed with the Hong Kong Stock Exchange on 20 July 2026. The projection implies year-on-year growth of approximately 12%–22%.

Management attributes the anticipated earnings improvement to the following factors:

1. Stronger operating performance across key business segments, which lifted the company’s core profitability during the period.

2. Recognition of non-recurring gains from government grants.

3. Income generated from the disposal of equity interests in certain subsidiaries.

The figures disclosed are preliminary and subject to adjustments. Finalised results will be released in SH ELECTRIC’s 2026 interim report. The board advised shareholders and potential investors to exercise caution when trading the company’s securities until the confirmed results are published.

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