Shanghai Mechanical and Electrical Industry posts net profit of 396 million yuan in 2026 interim report, down 19.39% year-on-year

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Shanghai Mechanical and Electrical Industry released its 2026 interim report, with net profit attributable to the parent company of 396 million yuan, a decrease of 19.39% compared with the same period last year. The company's total operating revenue was 9.465 billion yuan, a slight increase of 0.28% year-on-year; net cash inflow from operating activities was 209 million yuan, down 56.48% year-on-year. The company's latest asset-liability ratio was 49.20%, gross margin was 17.15%, and diluted earnings per share was 0.39 yuan.

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