Shanghai Mechanical & Electrical Industry Co.,Ltd. reported earnings results for the full year ended December 31, 2023. For the full year, the company reported sales was CNY 22,110.15 million compared to CNY 23,338.83 million a year ago. Revenue was CNY 22,321.16 million compared to CNY 23,569.53 million a year ago.

Net income was CNY 999.92 million compared to CNY 981.47 million a year ago. Basic earnings per share from continuing operations was CNY 0.98 compared to CNY 0.96 a year ago. Diluted earnings per share from continuing operations was CNY 0.98 compared to CNY 0.96 a year ago.