FilingReader Intelligence

Triumph New Energy subsidiary profit plunges 95%

July 14, 2025 at 01:20 PM UTCBy FilingReader AI

Triumph New Energy Company Limited reported that its subsidiary Zigong New Energy's net profit after tax plummeted to RMB4.7m in 2024, down from RMB97.5m in 2023.

The subsidiary's audited net assets stood at RMB599.8m as of December 31, 2024. Zigong New Energy is investing in a photovoltaic materials project.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

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