Shanghai Electric Group Co., Ltd. (SIELY.PK), Wednesday announced preliminary financial results for the year ended December 31, 2025.
The Chinese company expects net profit attributable to the owners to be between RMB1.10 billion and RMB1.32 billion, up from last year's RMB0.35 billion to RMB0.57 billion.
The power generation and electrical equipment manufacturing company attributes the profit increase to improved operational management and steady growth in core businesses.
Shanghai Electric's stock closed at $11.50 on the OTC Markets.
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