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Tianneng Power International ( (HK:0819) ) has provided an announcement.
Tianneng Power International Limited reported its unaudited interim results for the first half of 2025, showing a significant decrease in revenue compared to the same period in 2024, from RMB 49,914,629,000 to RMB 24,191,916,000. Despite the revenue drop, the company managed to maintain a gross profit of RMB 2,536,908,000, close to the previous year’s figure, indicating effective cost management. The company’s profit before tax also decreased to RMB 1,103,901,000 from RMB 1,366,916,000, reflecting challenges in the market environment.
The most recent analyst rating on (HK:0819) stock is a Hold with a HK$7.50 price target. To see the full list of analyst forecasts on Tianneng Power International stock, see the HK:0819 Stock Forecast page.
More about Tianneng Power International
Tianneng Power International Limited is a company incorporated in the Cayman Islands, primarily engaged in the production and sale of batteries. It operates within the energy storage industry, focusing on providing power solutions for various applications.
Average Trading Volume: 7,679,381
Technical Sentiment Signal: Strong Buy
Current Market Cap: HK$8.45B
For a thorough assessment of 0819 stock, go to TipRanks’ Stock Analysis page.