Shanghai Electric Group Company ( (HK:2727) ) has shared an update.
Shanghai Electric Group Company Limited announced its unaudited financial results for the first quarter of 2025, revealing a notable increase in total revenue and net profit attributable to shareholders compared to the previous year. The company reported a total revenue of RMB 22.25 billion, marking an 8.06% increase, and a significant rise in net profit attributable to shareholders by 145.69%. Despite the positive revenue and profit growth, the company experienced a negative net cash flow from operating activities, indicating potential liquidity challenges. These results highlight Shanghai Electric’s strengthened financial performance and improved profitability, which may enhance its competitive positioning in the industrial manufacturing sector.
More about Shanghai Electric Group Company
Shanghai Electric Group Company Limited is a major player in the industrial manufacturing sector, primarily focusing on the production of power generation equipment, industrial equipment, and integration services. The company is based in China and is listed on the Hong Kong Stock Exchange, indicating its significant market presence in both domestic and international markets.
YTD Price Performance: 9.52%
Average Trading Volume: 686
Technical Sentiment Signal: Strong Sell
Current Market Cap: $13.24B
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