The first half net profit of special electricians decreased by 12.2% compared with the same period last year.

Published: Sep 02, 2020 20:43 (GMT+8)

SMM News: special electrician recently released a semi-annual report for 2020, the company realized operating income of 17966412784.63 yuan in the first half of 2020, an increase of 5.36% over the same period last year, and realized a net profit of 920044646.76 yuan belonging to shareholders of listed companies, a decrease of 12.2% over the same period last year.

At the end of the reporting period, the net assets belonging to the shareholders of the listed company were 35329884000.34 yuan, an increase of 1.28% over the end of the previous year, and the total assets of the company were 105410662809.25 yuan, an increase of 3.12% over the end of the previous year.

The company's main business includes power transmission and transformation business, new energy business and energy business. The company's power transmission and transformation business mainly includes the research and development, production and sales of transformers, wires and cables and other power transmission and transformation products, and the international system integration business of power transmission and transformation, etc., while the new energy business mainly includes the production and sales of polysilicon and inverters, providing comprehensive solutions such as design, construction, commissioning and operation and maintenance services for photovoltaic and wind power plants, as well as the operation of wind and photovoltaic power stations. The energy business mainly includes the mining and sale of coal, the production and supply of electricity and heat, and so on.

"Click to sign up: 2020 Fifth China Electrotechnical Materials supply and demand Trade Summit

Scan the code to participate in the meeting or apply to join the SMM Electrical Industry Exchange Group

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM's internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or for more information, please contact: lemonzhao@smm.cn
For more information on how to access our research reports, please contact:service.en@smm.cn
Related News
Mopani Copper posts 5,140 tonnes of cathode in June
3 mins ago
Mopani Copper posts 5,140 tonnes of cathode in June
Read More
Mopani Copper posts 5,140 tonnes of cathode in June
Mopani Copper posts 5,140 tonnes of cathode in June
Zambia's Mopani Copper Mines, now majority-owned by ZCCM-IH with IRH as partner, is rebuilding output: in June 2026 it processed 289,000 tonnes of ore and produced 5,140 tonnes of cathode against a 5,104-tonne target, running on own feed. The company secured a US$20 million Epiroc equipment order in April 2026. Zambia aims to lift national copper production to 3 million tonnes by 2031, and Mopani plans to scale from about 65,000 tonnes currently toward 110,000 and then 180,000 tonnes. Its ramp-up is a key gauge of supply growth across the African Copperbelt.
3 mins ago
BHP-Amazon copper EAC pilot draws mining-sector interest in lower-carbon labelling
6 mins ago
BHP-Amazon copper EAC pilot draws mining-sector interest in lower-carbon labelling
Read More
BHP-Amazon copper EAC pilot draws mining-sector interest in lower-carbon labelling
BHP-Amazon copper EAC pilot draws mining-sector interest in lower-carbon labelling
Spanish-language mining media report that BHP and Amazon have rolled out the first lower-emissions copper pilot at Escondida using Environmental Attribute Certificates, certifying emissions reductions within the mining setting rather than offsetting them elsewhere. Unveiled on 22 September 2026, the pilot leverages Escondida's renewable electricity and desalinated water, with Amazon retiring the certificates to match lower-carbon attributes to its AI infrastructure. Escondida produces about 1.2 million tonnes of copper annually as the world's largest mine, and the label is expected to serve growing demand for low-carbon metal procurement.
6 mins ago
Hindustan Copper Advances $776M Capex Funding via QIP, Bonds for Vision 2030 Expansion
17 hours ago
Hindustan Copper Advances $776M Capex Funding via QIP, Bonds for Vision 2030 Expansion
Read More
Hindustan Copper Advances $776M Capex Funding via QIP, Bonds for Vision 2030 Expansion
Hindustan Copper Advances $776M Capex Funding via QIP, Bonds for Vision 2030 Expansion
HCL's shareholders approved two fundraising mechanisms as the company implements its Vision 2030 expansion programme. The five-year plan targets higher mining capacity through existing mine expansion, new reserves and revival of legacy assets.
17 hours ago