Shanghai Turbo FY2025 other income jumps 2x to RMB8.2 million

Reuters
02/25
Shanghai Turbo FY2025 other income jumps 2x to RMB8.2 million

Shanghai Turbo, a precision engineering group producing stationary and moving vanes and nozzles for steam turbine generators, reported FY2025 revenue of RMB91.7 million (+9%). Gross profit was RMB19.4 million (+21%), while other income rose to RMB8.2 million (+95%), driven mainly by scrap and wastage iron disposal, rental income, and a RMB4.0 million compensation payment received from former management member Jiang Ronglin on Nov. 6, 2025. For FY2025, Shanghai Turbo recorded profit before tax of RMB2.3 million (vs. a loss in FY2024) and profit attributable to owners of RMB1.9 million (vs. a loss in FY2024). Basic and diluted EPS were RMB7.615 cents and SGD1.399 cents. As of Dec. 31, 2025, cash and bank balances were RMB9.0 million (-26%), total assets were RMB153.7 million, and total liabilities were RMB143.7 million. Trade and other receivables increased to RMB60.5 million, inventories rose to RMB28.3 million, and total borrowings were RMB62.5 million, with long-term borrowings of RMB27.4 million. The company did not declare a dividend for FY2025, citing losses since 2017.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Shanghai Turbo Enterprises Ltd. published the original content used to generate this news brief via Singapore Exchange Limited (SGX) (Ref. ID: BKFYOXA1H8TL70L7) on February 25, 2026, and is solely responsible for the information contained therein.

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