Chongqing Machinery & Electric forecasts 70%-75% rise in 2025 profit attributable to shareholders

Reuters03-10

Chongqing Machinery & Electric forecasts 70%-75% rise in 2025 profit attributable to shareholders

Chongqing Machinery and Electric expects profit attributable to shareholders for FY2025 to rise by about 70% to 75% versus FY2024. The company cited stronger performance in its high-horsepower engine and ultra-high-voltage transformer businesses, alongside a significant increase in investment income. It also said lean management improvements helped its hydropower business swing from loss to profit.

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. Chongqing Machinery & Electric Co. Ltd. published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260310-12047354), on March 10, 2026, and is solely responsible for the information contained therein.

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