Shanghai Electric Group Co., Ltd. reported earnings results for the full year ended December 31, 2023. For the full year, the company reported sales was CNY 114,218.21 million compared to CNY 116,985.81 million a year ago. Revenue was CNY 114,797.08 million compared to CNY 117,623.12 million a year ago.

Net income was CNY 285.16 million compared to net loss of CNY 3,566.48 million a year ago. Basic earnings per share from continuing operations was CNY 0.018 compared to basic loss per share from continuing operations of CNY 0.228 a year ago. Diluted earnings per share from continuing operations was CNY 0.018 compared to diluted loss per share from continuing operations of CNY 0.228 a year ago.