HARBIN ELECTRIC (01133) released a profit forecast, expecting the net profit attributable to shareholders to increase to approximately 2.65 billion yuan in 2025.

HARBIN ELECTRIC (01133) announced that it expects to achieve a net profit attributable to the owners of the parent company of approximately RMB 2.65 billion for the fiscal year 2025 (compared to approximately RMB 1.686 billion in the same period last year), a significant increase from the previous year. The main reason is that the company's operating income for the fiscal year 2025 has increased compared to the same period last year, and the profitability of its products has further improved.