Triumph New Energy Company Limited has announced its interim results for the six-month period ending on June 30, 2025. The company reported a decrease in operating revenue, which stood at approximately RMB 1.56 million, compared to RMB 1.13 million in the same period last year. The company also experienced an increase in costs, with operating costs rising to RMB 325,606. For the first half of 2025, Triumph New Energy reported a net loss of RMB 458.67 million, a significant increase from the RMB 65.55 million loss recorded in the first half of 2024. The basic and diluted earnings per share were both reported as negative, with a value of -0.70 RMB per share, reflecting a downturn in performance from the previous period's -0.08 RMB per share. Furthermore, the company's net assets attributable to shareholders decreased by 11.18%, reaching RMB 3.57 billion at the end of the reporting period, down from RMB 4.02 billion at the end of the previous year. Total assets, however, increased by 10.77%, amounting to RMB 13.63 billion, compared to RMB 12.31 billion at the end of the previous year. No specific outlook or guidance was provided in the report.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Triumph New Energy Co. Ltd. published the original content used to generate this news brief on August 29, 2025, and is solely responsible for the information contained therein.
Comments