Shanghai Electric Reports 8.9% Increase in Revenue and 7.3% Rise in Net Profit for First Half of 2025

Shanghai Electric Group Co. Ltd., a global leader in industrial and energy equipment manufacturing, announced its mid-year financial results for the period ending June 30, 2025. The company reported revenues of 54.303 billion RMB (7.605 billion USD), marking an increase of 8.9% compared to the previous year. The net profit attributable to shareholders of the parent company rose by 7.3%. The energy equipment segment generated revenues of 30.116 billion RMB (4.218 billion USD), reflecting a 22.2% increase from the prior year. Meanwhile, the industrial equipment segment reported revenues of 18.598 billion RMB (2.604 billion USD), maintaining a level similar to the previous year. The integrated services segment saw a modest revenue growth of 3.8%, reaching 8.260 billion RMB (1.156 billion USD). Shanghai Electric's international sales reached 8.696 billion RMB (1.218 billion USD), an increase of 11.7% year-over-year. Notable achievements included the timely completion of the digital 220-kV substation project in Zafarabad, Uzbekistan, and the full operation of the 500-kV transmission line project in Sarawak, Malaysia. These efforts align with the company's strategic focus on the Belt and Road Initiative, enhancing its market presence in participating countries. The company continues to emphasize technological innovation, investing 2.546 billion RMB (356.61 million USD) in research and development during the first half of the year, which accounts for 4.7% of total revenues and represents a 9.4% increase from the previous year.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Shanghai Electric Group Co. Ltd. published the original content used to generate this news brief via PR Newswire (Ref. ID: GE68982) on September 10, 2025, and is solely responsible for the information contained therein.