Shanghai Electric Group Forecasts Up to 76% Rise in 2025 Profit

MT Newswires Live01-21 16:57

Shanghai Electric Group (HKG:2727) said it expects an up to 76% year-over-year rise in its attributable profit for 2025, according to a Hong Kong bourse filing Wednesday.

The firm expects to post 1.10 billion yuan to 1.32 billion yuan in attributable profit for the year, up 47% to 76% year-on-year, it said.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment