TIANBAO ENERGY (01671) releases its interim performance results, with a net profit attributable to shareholders of RMB 9.888 million, an increase of 453% year-on-year.

TIANBAO ENERGY (01671) released its interim results for the six months ending June 30, 2025. The group achieved revenue of 379 million yuan (same unit), a decrease of 6.6% year-on-year. The profit attributable to equity shareholders of the company was 9.888 million yuan, an increase of 453% year-on-year, with earnings per share of 6.18 cents. In the first half of 2025, the pre-tax profit was approximately 15.705 million yuan, an increase of approximately 120.6% compared to the first half of 2024. This was mainly due to the group's completion of energy-saving transformations for boilers and heat exchange stations, leading to a further decline in unit energy consumption and overall costs. Additionally, the implementation of new energy projects has continuously improved the group's profitability.