News Column

Shanghai Step Electric H1 Net Up 26%

August 12, 2014

SHANGHAI, August 12, SinoCast -- Shanghai Step Electric Corp. (SZSE: 002527) had operating revenue of about CNY 501.41 million in the first half of 2014, up 23.43% year on year. Net profit attributable to shareholders rose 25.97% to about CNY 78.88 million.

It attached more importance to robot and motion control products and overseas business. Operating revenue from overseas business increased 52.24% to about CNY 67.28 million. Elevator control products, energy-saving and industrial conveying business continued rising stably.

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Source: Sinocast Machinery & Industrial Goods Beat (China)

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