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Tianneng Power FY26 H1 profit drops 64.09% to RMB 331.14 million; revenue falls 6.24% to RMB 22.68 billion
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Tianneng Power FY26 H1 profit drops 64.09% to RMB 331.14 million; revenue falls 6.24% to RMB 22.68 billion
  • Tianneng Power posted profit attributable to owners of RMB 284.2 million, down 65.33% year over year.
  • Revenue fell 6.24% to RMB 22.68 billion, while basic earnings per share dropped to RMB 25.24 cents from RMB 72.80 cents.
  • Profit for the period slid 64.11% to RMB 331.14 million; profit before tax sank 62.24% to RMB 416.91 million.
  • Management cited intensifying competition and higher raw material costs, while noting second-quarter performance improved versus the first quarter.
  • Lithium-ion battery revenue rose to RMB 872.49 million; trading revenue slumped to RMB 112.54 million from RMB 3.02 billion.


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-20260828-12306578), on August 28, 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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