Shanghai Electric forecasts 2025 net profit to rise up to 76%

Reuters
2026.01.21 08:31
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Shanghai Electric Group Co. Ltd. forecasts a net profit increase of 47% to 76% for 2025, estimating profits between RMB1.10 billion and RMB1.32 billion. The company expects a turnaround in net profit after non-recurring items, projecting between RMB0.20 billion and RMB0.24 billion, recovering from a loss of RMB0.62 billion in 2024. This growth is attributed to improvements in core business performance.