Shanghai Electric Group Co., Ltd. reported earnings results for the half year ended June 30, 2023. For the half year, the company reported sales was CNY 50,414.23 million compared to CNY 48,729.79 million a year ago. Revenue was CNY 53,077.95 million compared to CNY 50,292.79 million a year ago.

Net income was CNY 590.36 million compared to net loss of CNY 991.34 million a year ago. Basic earnings per share from continuing operations was CNY 0.04 compared to basic loss per share from continuing operations of CNY 0.06 a year ago. Diluted earnings per share from continuing operations was CNY 0.04 compared to diluted loss per share from continuing operations of CNY 0.06 a year ago.