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Tsaker New Energy Tech Subsidiary Reports Strong 2024 Financial Results

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The latest update is out from Tsaker New Energy Tech Co., Limited ( (HK:1986) ).

Tsaker New Energy Tech Co., Limited announced the audited financial results of its subsidiary, Hebei Tsaker New Materials Technology Company Limited, for the year ending December 31, 2024. The subsidiary reported a significant increase in total assets, net assets, revenue, and net profit compared to previous years, indicating strong financial performance. These results, prepared according to Chinese accounting standards, highlight the subsidiary’s growth and potential positive impact on the company’s overall market positioning.

More about Tsaker New Energy Tech Co., Limited

Tsaker New Energy Tech Co., Limited operates in the energy technology sector and is incorporated in the Cayman Islands. The company focuses on new energy technologies and has a non-wholly owned subsidiary, Hebei Tsaker New Materials Technology Company Limited, which is listed on the National Equities Exchange and Quotations in China.

YTD Price Performance: -14.12%

Average Trading Volume: 585,218

Technical Sentiment Consensus Rating: Buy

Current Market Cap: HK$695.7M

Find detailed analytics on 1986 stock on TipRanks’ Stock Analysis page.

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