Shaangu Power H1 Net Profit Down 19.94% to RMB331 Million; Plans RMB1 Dividend per 10 Shares
Shaangu Power reported first-half 2026 revenue of RMB4.988 billion, up 2.44% year on year, while net profit attributable to shareholders fell 19.94% to RMB331 million. Basic earnings per share were RMB0.19. The company plans a cash dividend of RMB1 per 10 shares (tax inclusive). It attributed the revenue increase to deepening its service-oriented manufacturing transformation and expanding domestic and overseas markets.
Shaangu Power disclosed its 2026 semi-annual report. During the reporting period, the company achieved operating revenue of RMB4.988 billion, up 2.44% year on year; net profit attributable to shareholders of the listed company was RMB331 million, down 19.94% year on year; basic earnings per share were RMB0.19. The company plans to distribute a cash dividend of RMB1 (tax inclusive) per 10 shares to all shareholders.
The company stated that revenue in the reporting period increased compared with the same period in 2025, mainly due to its deepening transformation toward service-oriented manufacturing, focusing on its core business, and actively expanding domestic and international markets.