CHONGQING M&E Issues Positive Profit Alert, Anticipates 70%-75% Rise in Annual Attributable Profit

Stock News03-10

CHONGQING M&E (02722) announced that the group expects its profit attributable to shareholders for the fiscal year ending December 31, 2025, to increase by approximately 70% to 75% compared to the same period in 2024. This significant growth is primarily attributed to the group's high-horsepower engine business and ultra-high-voltage transformer business, which have actively captured opportunities in both domestic and international markets, leading to a substantial increase in investment income. Additionally, the group's continuous efforts to enhance lean management have resulted in the hydropower business turning a profit and a further improvement in operational efficiency.

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