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Shanghai Electric (02727) Fa Yingxi expects mid-term net profit to be 920 million to 1.0 billion yuan, an increase of about 12% to 22% year-on-year
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According to the Zhitong Finance App, Shanghai Electric (02727) issued an announcement. According to preliminary estimates by the company's finance department, the company's net profit attributable to owners of the parent company for the first half year of 2026 is estimated to be RMB 920 million to RMB 1.0 billion, an increase of about 12% to 22% over the previous year. The company's semi-annual profit growth in 2026 was mainly due to improvements in operations in some core business segments, as well as confirmed government subsidies and non-recurring revenue generated by the disposal of shares in some subsidiaries, which together provided positive support for the profit level and promoted the increase in the company's net profit attributable to owners of the parent company compared to the same period last year.

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