SHA:600131

3 stories mentioning SHA:600131Updated 17d ago

Every FINWIRES story that references SHA:600131, newest first.

State Grid ICT Announces Controlling Shareholder Stake Increase; Shares Up 3%

State Grid Information & Communication's (SHA:600131) controlling shareholder, State Grid Information & Telecommunication Industry Group, agreed to raise its stake in the company through a gratuitous share transfer, according to a Shanghai bourse filing on Saturday.The electricity transmission company's shares rose nearly 3% during Monday's afternoon trade.State Grid Sichuan Electric Power will transfer its 7.96% stake, or 95,385,704 shares, to State Grid ICT Industry Group.After the transaction, State Grid ICT Industry Group's stake in the company will rise to 51.93% from 43.97%.

SHA:600131

Asia108d ago

State Grid Information & Communication's Attributable Profit Slides 19% in 2025

State Grid Information & Communication's (SHA:600131) attributable profit fell 19% to 657.4 million yuan in 2025 from 816.3 million yuan in 2024, according to a Saturday filing with the Shanghai bourse.Earnings per share at the information and communications company decreased 19% to 0.55 yuan from 0.68 yuan in the previous year.Operating revenue grew 2% year over year to 10.6 billion yuan from 10.4 billion yuan.

SHA:600131

Asia108d ago

State Grid Information & Communication's Attributable Profit Slides 24% in Q1

State Grid Information & Communication's (SHA:600131) attributable profit fell 24% to 4.3 million yuan in the first quarter from 5.7 million yuan in the year-ago period, according to a Saturday filing with the Shanghai bourse.On a per-share basis, the information and communications company broke even, unchanged from the prior-year period.Operating revenue declined 3% year over year to 1.34 billion yuan from 1.39 billion yuan.

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