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Shanghai Electric Group Company ( (HK:2727) ) just unveiled an announcement.
Shanghai Electric Group Company Limited announced a provision for impairment for the first three quarters of 2025, resulting in a net decrease of RMB1,500.52 million in profit before taxation. The impairment tests conducted were in accordance with the Accounting Standards for Business Enterprises, addressing credit and asset impairments primarily due to bad debt losses and inventory write-downs, which reflect the company’s efforts to maintain accurate financial reporting.
The most recent analyst rating on (HK:2727) stock is a Hold with a HK$5.00 price target. To see the full list of analyst forecasts on Shanghai Electric Group Company stock, see the HK:2727 Stock Forecast page.
More about Shanghai Electric Group Company
Shanghai Electric Group Company Limited is a major player in the manufacturing industry, primarily focused on providing power generation and electrical equipment solutions. The company operates within the People’s Republic of China and is listed on the Hong Kong Stock Exchange, indicating a significant market presence in the region.
Average Trading Volume: 92,660,467
Technical Sentiment Signal: Buy
Current Market Cap: HK$144.5B
See more data about 2727 stock on TipRanks’ Stock Analysis page.