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Shanghai Electric Group Company ( (HK:2727) ) just unveiled an announcement.
Shanghai Electric Group Company Limited announced its annual results for the year ended December 31, 2024, reporting a total revenue of RMB116,186 million, marking a 1.2% increase year-on-year. The company’s profits attributable to owners rose to RMB752 million, and new orders increased by 11.9% to RMB153.60 billion. Despite these gains, the board proposed not to declare any final dividend for the year, which may impact shareholder expectations.
More about Shanghai Electric Group Company
Shanghai Electric Group Company Limited is a joint stock company incorporated in the People’s Republic of China, operating in the electrical equipment manufacturing industry. The company primarily focuses on producing power generation equipment, electrical and mechanical equipment, and providing integrated services for power plants and other industrial sectors.
YTD Price Performance: 3.24%
Average Trading Volume: 583,500
Technical Sentiment Signal: Sell
Current Market Cap: $14.68B
For detailed information about 2727 stock, go to TipRanks’ Stock Analysis page.
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