Shanghai Electric Group (02727) announced its performance in 2025, with a net profit attributable to the parent company of approximately 1.206 billion yuan, an increase of 60.3% year-on-year.

Shanghai Electric Group (02727) announced its performance for 2025, with a total operating income of approximately 126.679 billion yuan, a year-on-year increase of 9%; the net profit attributable to shareholders of the listed company is approximately 1.206 billion yuan, a year-on-year increase of 60.3%; the basic earnings per share is 0.078 yuan, with a proposed cash dividend of 0.1425 yuan (tax included) per 10 shares. During the reporting period, the company achieved new orders totaling 172.8 billion yuan. Among the new orders, the energy equipment segment accounted for 92.13 billion yuan (including: 26.59 billion yuan for coal-fired power equipment, 9.89 billion yuan for nuclear power equipment, 22.97 billion yuan for wind power equipment, and 13.08 billion yuan for energy storage equipment), the industrial equipment segment accounted for 44.48 billion yuan, and the integrated services segment accounted for 36.19 billion yuan. During the reporting period, the energy equipment segment achieved a total operating income of 75.024 billion yuan, an increase of 21.5% from the previous year, mainly due to the favorable coal-fired power policies in the domestic market, leading to sustained growth in sales revenue of the coal-fired power business. The gross profit margin of the energy equipment segment was 18.4%. The industrial equipment segment achieved a total operating income of 38.074 billion yuan, a decrease of 1.5% from the previous year, mainly due to the impact of the real estate industry on the elevator business, resulting in a decline in revenue. The gross profit margin of the industrial equipment segment was 16.2%. The integrated services segment achieved a total operating income of 20.649 billion yuan, essentially unchanged from the previous year, mainly due to a slight decrease in sales revenue from engineering projects compared to the previous year. The gross profit margin of the integrated services segment was 11.1%.