Dongfang Electric reports strong first half 2025 results amid clean energy growth

Dongfang Electric Corporation Limited reported a total operating revenue of RMB38,151 million for the first half of 2025, a 14.03% increase from the previous year. Net profit attributable to shareholders rose by 12.91% to RMB1,910 million, with earnings per share reaching RMB0.60. The company’s operating income for the period increased by 14.26% year-on-year, primarily due to growth in the clean and efficient energy equipment segment.

This growth was supported by a 16.45% increase in R&D expenses, reflecting continuous investment in innovation. Renewable energy equipment revenue saw a 26.90% year-on-year increase, mainly from wind turbine deliveries and expanded wind power generation. High-efficient clean energy equipment revenue also grew by 19.21%, largely from nuclear and coal power businesses.

Total assets for the period stood at RMB156,365,516,952.35, up 10.11% from the previous year-end. The company issued 272,878,203 A shares to specific investors on April 14, 2025, raising RMB4,123,189,647.33, to be used for equity acquisitions, construction projects, and working capital.