FilingReader Intelligence

Jiangsu Shemar Electric's profit jumps 96% as revenue climbs

April 2, 2025 at 05:16 PM UTCBy FilingReader AI

Jiangsu Shemar Electric (SSE:603530) announced a banner year in its 2024 annual report, with revenue reaching CNY 1,344.89 million, a 40.22% increase year-over-year. Net profit attributable to shareholders soared by 96.17% to CNY 310.73 million. Driving this growth was strong demand for the company's composite insulation products in both domestic and international markets. As a result, its board has approved a cash dividend of CNY 4.60 per 10 shares.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

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