Shanghai Electric has released an earnings forecast, estimating that net profit attributable to owners of the parent for the first half of 2026 will be between 920 million yuan and 1 billion yuan, representing a year-on-year increase of about 12% to 22%. During the reporting period, improved operations in certain core business segments, along with non-recurring gains from government grants recognised in the period and the disposal of equity in some subsidiaries, jointly provided positive support for profitability.
Shanghai Electric Group Co LtdCompany forecasts 12-22% net profit growth, driven by improved operations and non-recurring gains.