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Tianneng Power flags 62%-66% drop in H1 profit attributable to shareholders
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Tianneng Power flags 62%-66% drop in H1 profit attributable to shareholders
  • Tianneng Power flagged a sharp profit drop for the six months ended June 30, 2026.
  • Revenue expected to fall about 5%-8% year over year; profit attributable to shareholders seen down about 62%-66%.
  • Trading business scaled back; manufacturing revenue expected to rise about 5%-9%, with lead-acid battery sales volume generally stable.
  • Higher raw material costs, including sulphuric acid, pressured margins amid tougher competition, weaker end-user demand recovery.
  • Other revenue fell on policy changes, including an additional value-added tax deduction for advanced manufacturers in mainland China.


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. Tianneng Power International Limited published the original content used to generate this news brief via IIS, the regulatory disclosure system operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260807-12277380), on August 07, 2026, and is solely responsible for the information contained therein.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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