Shanghai Mechanical & Electrical Industry Co.,Ltd. reported earnings results for the half year ended June 30, 2023. For the half year, the company reported sales was CNY 10,802.72 million compared to CNY 8,866.37 million a year ago. Revenue was CNY 10,896.35 million compared to CNY 8,920.86 million a year ago.

Net income was CNY 556 million compared to CNY 425.56 million a year ago. Basic earnings per share from continuing operations was CNY 0.54 compared to CNY 0.42 a year ago. Diluted earnings per share from continuing operations was CNY 0.54 compared to CNY 0.42 a year ago.