Tianjin Tianbao Energy Co., Ltd. Class H ( (HK:1671) ) just unveiled an update.
Tianjin Tianbao Energy Co., Ltd. has announced a significant increase in its financial performance for the year ended December 31, 2024. The company expects to report a 4.5% rise in operating revenue, reaching approximately RMB820 million, and a 312% increase in profits to about RMB11 million compared to the previous year. This growth is attributed to the commencement of clean energy projects in the Lingang area and the expansion of its new energy power generation business across various regions. The company’s focus on energy-saving technological renovations has also contributed to reduced production costs, enhancing profitability.
More about Tianjin Tianbao Energy Co., Ltd. Class H
Tianjin Tianbao Energy Co., Ltd. is a joint stock company incorporated in China, operating in the energy sector with a focus on clean and new energy power generation. The company is engaged in energy-saving technological renovations to reduce production costs.
YTD Price Performance: 7.50%
Average Trading Volume: 43,619
Technical Sentiment Consensus Rating: Buy
Current Market Cap: HK$68.77M
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