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Shanghai Electric Reports Strong Q1 2025 Earnings

Shanghai Electric Reports Strong Q1 2025 Earnings

Shanghai Electric Group Company Class H ( (SIELF) ) has released its Q1 earnings. Here is a breakdown of the information Shanghai Electric Group Company Class H presented to its investors.

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Shanghai Electric Group Company Limited is a leading Chinese multinational corporation specializing in the manufacturing of power generation and electrical equipment, operating primarily in the industrial and energy sectors.

In its latest quarterly earnings report for the first quarter of 2025, Shanghai Electric Group Company Limited reported a significant increase in net profit attributable to shareholders, showcasing a robust financial performance compared to the same period last year.

The company’s total revenue for the quarter rose by 8.06% to RMB 22.25 billion, driven by increased operating revenue and gross profit. Net profit attributable to shareholders surged by 145.69% to RMB 292.3 million, reflecting strong operational efficiency and strategic growth initiatives. However, the company experienced a negative net cash flow from operating activities, amounting to RMB -3.87 billion, indicating challenges in cash management.

Despite the positive earnings growth, Shanghai Electric’s total assets slightly decreased by 0.67% to RMB 300.47 billion, while net assets attributable to shareholders saw a modest increase of 0.69%. The company also reported a notable improvement in earnings per share, both basic and diluted, which rose by 147.37% to RMB 0.0188.

Looking ahead, Shanghai Electric Group Company Limited remains focused on enhancing its operational capabilities and exploring new growth opportunities in the energy and industrial sectors, aiming to sustain its financial momentum and address cash flow challenges effectively.

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