Tianjin Tianbao Energy Co., Ltd. Class H (HK:1671) has released an update.
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Tianjin Tianbao Energy Co., Ltd. has issued a positive profit alert, indicating a significant rise in profits for the first half of 2024 with an expected RMB1.787 million, surpassing the RMB0.704 million from the same period in 2023. This increase is credited to the successful commercial operations of their gas distributed energy station project and the acquisition of a solar energy technology company, which have both contributed to the Group’s improved profitability. Shareholders and potential investors are urged to exercise caution as these are still unaudited figures and the official interim results are yet to be announced.
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