Tianneng Battery Group Co.,Ltd.’s Net Profit Rose 12.9% in First Half of 2022

Tianneng Battery Group Co.,Ltd. (天能电池集团股份有限公司) (688819.SH) reported a net profit of 731.3 million yuan in the first half of 2022, up 12.9% year-on-year.

Meanwhile, the company posted 17.2 billion yuan in revenue, up 6% year-on-year.

At the end of the reporting period, it had 30.2 billion yuan in total assets and 17.3 billion yuan in total liabilities, with a liability-to-asset ratio of 57.3%.