Shanghai Construction Group Co Ltd600170
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Company receives 348 million yuan in government grants, boosting profit.

Shanghai Construction Group announced that the company and its subsidiaries have received government grants related to income totaling 348 million yuan, accounting for 28.1% of the company's most recent audited net profit attributable to the parent. The company will recognize these grants as other income and include them in current profit or loss. The specific accounting treatment and the impact on current profit or loss are subject to the annual audit report issued by the auditing firm.
Shanghai Construction Group Co LtdCompany receives 348 million yuan in government grants, boosting profit.