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Shanghai Electric's 2025 Performance: Revenue and Orders Surge
Shanghai Electric reported impressive financial results for 2025, with a revenue of RMB 126.68 billion (USD 18.58 billion), reflecting a 9.03% year-on-year growth. The company achieved a net profit of RMB 1.206 billion (USD 176.92 million), marking a significant 60.37% increase from the previous year. New orders reached a record RMB 172.81 billion (USD 25.35 billion), up 12.50% year-on-year.
Key business areas, such as energy equipment, saw substantial growth, with revenues climbing 21.48% to RMB 75.02 billion (USD 11.01 billion). Noteworthy gains were recorded in wind, nuclear, and gas power equipment orders. Research and development remained a priority, with expenses hitting RMB 6.164 billion (USD 904.26 million), driving technological advances and innovation.
Looking ahead, Shanghai Electric aims to deepen its global market presence and focus on digital transformation and green development to maintain competitiveness in 2026.
R. E.
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