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Shanghai Electric Power first-half 2026 net profit 1.001 billion yuan
Shanghai Electric Power disclosed its 2026 semi-annual report on August 29. In the first half, it achieved total operating revenue of 18.043 billion yuan, down 11.88 percent year on year. Net profit attributable to the parent company was 1.001 billion yuan, down 47.55 percent. Non-recurring net profit was 747 million yuan, down 59.50 percent. Net cash flow from operating activities was 5.156 billion yuan, down 16.15 percent. Basic earnings per share were 0.2866 yuan, and the weighted average return on equity was 3.93 percent, down 4.86 percentage points year on year. As of the end of the first half of 2026, the company's construction in progress increased 34.41 percent from the end of the previous year, long-term borrowings rose 11.01 percent, and the book value of inventory was 1.12 billion yuan.