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Tianjin Economic-technological Development Area Co Ltd

Tianjin TEDA Resources Recycling Group Co., Ltd. operates in ecological environmental protection, regional development, energy trade wholesale, real estate, textile sales, and other industrial fields in China. It reports through six segments: Wholesale, Real Estate, Regional Development, Environmental Management, Textile Sales, and Other. Its activities include domestic waste incineration power generation, sanitary landfill, straw incineration power generation, and coordinated disposal of food waste sludge, as well as trading non-ferrous metals (such as electrolytic copper, alumina, aluminum ingots, zinc oxide, zinc concentrate, and zinc ingots), ferrous metals (including strip steel, manganese ore, and silicon-manganese alloy), and petrochemical products (fuel oil, polyethylene, polypropylene, and phenols), along with equity investment. Formerly known as Tianjin TEDA Co., Ltd., it changed its name to Tianjin TEDA Resources Recycling Group Co., Ltd. in July 2025. Founded in 1981, the company is based in Tianjin, China.

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000652.CS

Teda Co. first-half 2026 net profit 55.56 million yuan, down 15.08% year on year

Teda Co. released its 2026 interim report, with net profit attributable to the parent company of 55.56 million yuan, down 15.08% from the same period last year. Total operating revenue was 1.965 billion yuan, a decrease of 6.816 billion yuan from a year earlier, down 77.62% year on year. Net cash inflow from operating activities was 140 million yuan, up 4,804.18% from the same period last year. The company's latest asset-liability ratio was 82.86%, down 3.26 percentage points from a year earlier; gross margin was 12.28%, rising for three consecutive years.
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