Triumph New Energy Company ( (HK:1108) ) has issued an update.
Triumph New Energy Company Limited reported a significant decline in its financial performance for the first quarter of 2025. The company experienced a 37.98% decrease in operating revenue compared to the same period last year, alongside a substantial net loss attributable to shareholders. Despite a slight increase in total assets, the company’s owner’s equity decreased by 3.11%, indicating financial challenges that may impact its market positioning and stakeholder confidence.
More about Triumph New Energy Company
Triumph New Energy Company Limited, formerly known as Luoyang Glass Company Limited, is a joint stock limited company incorporated in the People’s Republic of China. The company operates in the energy sector, focusing on providing innovative energy solutions.
YTD Price Performance: -15.32%
Technical Sentiment Signal: Strong Buy
Current Market Cap: €538.3M
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