Tianneng Heavy Industry released its 2026 interim report, with net profit attributable to the parent company of 50.8361 million yuan, a decrease of 26.58% compared with the same period last year. The company's total operating revenue was 1.641 billion yuan, up 12.56% year-on-year, achieving growth for two consecutive years. Net cash flow from operating activities was negative 88.1003 million yuan, a decrease of 760.98% compared with the same period last year. The company's latest asset-liability ratio was 57.24%, gross margin was 14.35%, and diluted earnings per share was 0.05 yuan.
Qingdao Tianneng Heavy Industries Co LtdNet profit fell 26.58% year-on-year, with operating cash flow sharply negative.
