HKG:0819

3 stories mentioning HKG:0819Updated 9d ago

Every FINWIRES story that references HKG:0819, newest first.

Tianneng Power International Warns of Up to 66% Lower H1 Profit

Tianneng Power International (HKG:0819) expects a 62% to 66% year-over-year decline in attributable profit for the six months ended June 30.Revenue is also expected to fall by around 5% to 8% from a year prior, according to a Friday Hong Kong bourse filing.The battery manufacturer attributed the profit forecast to high levels of upstream raw material prices, intensified competition in downstream industries, and the slower-than-expected recovery in demand.The lower expected revenue was due to the scaling down of the company's trading business.

HKG:0819

Asia52d ago

Tianneng Power Unit Sells 340 Million Yuan Bonds

Tianneng Power's (HKG:0819) unit Tianneng Battery Group completed the issue of 340 million yuan bonds to professional investors, according to a Hong Kong bourse filing Thursday.The bonds carry a fixed interest rate of 1.60% per annum and will fall due in three years.The battery manufacturer intends to use proceeds to repay bonds payable.

HKG:0819

Asia102d ago

Tianneng Power's Unit Sells 1 Billion Yuan Bonds

Tianneng Power's (HKG:0819) unit Tianneng Battery Group completed the issue of 1 billion yuan bonds to professional investors, according to a Hong Kong bourse filing Thursday.The bonds carry a fixed interest rate of 1.58% per annum and will fall due in three years.The battery manufacturer intends to use proceeds to repay bank borrowings and bonds payable.

HKG:0819

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