Tianneng Battery Group Co.,Ltd.’s Net Profit Dropped 20.1% in First Half of 2021

Tianneng Battery Group Co.,Ltd. (天能电池集团股份有限公司) (688819.SH) reported a net profit of 647.8 million yuan in the first half of 2021, down 20.1% year-on-year.

Meanwhile, the company posted 16.3 billion yuan in revenue, up 9.3% year-on-year.

At the end of the reporting period, it had 26.8 billion yuan in total assets and 14.8 billion yuan in total liabilities, with a liability-to-asset ratio of 55.1%.

This article was automatically produced by Caixin Automation on Sept. 1, 2021.

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