Harbin Electric Company Limited has released its financial results for the years ended December 31, 2023, and December 31, 2024. The company reported a net profit before tax of RMB1.117 billion for 2023, which increased to RMB1.772 billion in 2024. Net profit after tax also saw a significant rise from RMB875.4 million in 2023 to RMB1.554 billion in 2024. In a significant development, the company entered into a Capital Injection Agreement with its subsidiary Jiamusi Electric and Power Equipment Company on June 30, 2025. This agreement entails a capital injection of RMB140 million by Harbin Electric Company Limited and RMB483.26 million by Jiamusi Electric into Power Equipment Company. This move indicates the company's strategic direction towards strengthening its subsidiaries. The financial results reflect a strong performance with substantial growth in net profits year-on-year. Harbin Electric continues to focus on its expansion and investment strategies to enhance its market position.
免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。