Shemar Electric’s Q3 profit surges 56%, forecasts strong 2025 growth

Jiangsu Shemar Electric announced a substantial 56.69% increase in net profit attributable to shareholders for the third quarter of 2025, reaching 116.7m yuan. This surge contributed to an overall 28.49% increase in net profit for the first nine months of 2025, totaling 277m yuan. The company’s Q3 operating revenue grew by 33.38%, totaling 458.7m yuan, primarily driven by increased export income from global power grid investments.

Total assets also expanded by 8.80% to 2.69bn yuan by the end of Q3 2025. The company's board of directors approved the third-quarter report and projected 2025 daily related-party transactions, emphasizing fair and market-based pricing. Related-party transactions include product sales to entities like Shemar Latam Holding, SSP TRANSMISSORA DE ENERGIA, and Shanghai Shemar Electric Engineering.

For 2025, Shemar Electric forecasts related-party sales of products to Shemar Latam Holding at 60m yuan, to SSP TRANSMISSORA DE ENERGIA at 10m yuan, and to Shanghai Shemar Electric Engineering at 8m yuan. These transactions are designed to support the company’s operational needs and long-term expansion in overseas markets, without affecting the company's independence.