Shanghai Electric Group Books RMB1.5 Billion Impairment Loss for Q1-Q3 2025

Reuters10-30

<a href="https://laohu8.com/S/02727">Shanghai Electric Group</a> Books RMB1.5 Billion Impairment Loss for Q1-Q3 2025

Shanghai Electric Group Co. Ltd. announced that it has made provisions for asset impairment for the first three quarters of 2025. The company conducted impairment tests on various assets as of 30 September 2025, in accordance with relevant accounting standards. The provisions resulted in a net decrease of RMB1,500.52 million in profit before taxation for the period. Key factors included impairment losses on contract assets and fixed assets, attributed to increased long-term contract assets and lower-than-expected recoverable amounts for certain fixed assets. The company advised shareholders and potential investors to exercise caution when dealing in its securities.

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 on October 30, 2025, and is solely responsible for the information contained therein.

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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. 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Shanghai Electric Group ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"601727":"上海电气","BK0005":"高端装备制造","BK0028":"国家队","BK0201":"可转债","BK0035":"核能核电","BK0188":"融资融券","BK0012":"证金概念","BK0259":"通用设备","BK0196":"行业龙头","BK0184":"上海国资改革"},"translate_title":"上海电气集团2025年Q1-Q3计提减值损失15亿元","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"601727":0.9},"content_text":"Shanghai Electric Group Books RMB1.5 Billion Impairment Loss for Q1-Q3 2025\n    \n\n        Shanghai Electric Group Co. Ltd. announced that it has made provisions for asset impairment for the first three quarters of 2025. The company conducted impairment tests on various assets as of 30 September 2025, in accordance with relevant accounting standards. The provisions resulted in a net decrease of RMB1,500.52 million in profit before taxation for the period. 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Ltd. published the original content used to generate this news brief on October 30, 2025, and is solely responsible for the information contained therein.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"dataReport","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.35.12","shortVersion":"4.35.12","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2579412665","isCrawlerRequest":true}