Sieyuan Electric Co., Ltd. Class ASZSE: 002028

Sieyuan Electric: Net profit surged 53.74% on 39.34% revenue growth, with strong gains in both domestic and overseas markets

· Issued by Sieyuan Electric Co., Ltd. Class A

Revenue grew 39.34% and net profit rose 53.74% year-over-year, driven by robust domestic and overseas sales, especially in switchgear, transformers, and storage. Gross margin slightly declined, while R&D and capital investments increased to support future growth.

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