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The demand for AI applications and overseas has increased, and the orders for grid supporting companies in the first quarter are already "fully booked."
① Power grid supporting companies have sufficient Orders on hand, and some listed companies have successively reported positive earnings forecasts for last year; ② The total scale of domestic power grid investment has increased, and the application of AI along with overseas markets is expected to resonate, likely driving Orders to continue rising this year.
Tianjin Tianbao Energy's Profit to Zoom 1,644% in 2024
TIANBAO ENERGY (01671.HK) profit warning: It is expected that the annual profit attributable to shareholders will increase by 1644% year-on-year.
On February 19, Glonghui announced that TIANBAO ENERGY (01671.HK) is expected to record revenue of approximately RMB 0.82 billion for the year ending December 31, 2024 (the "Review Period"), representing an increase of about 4.5% compared to the same period in 2023; profit for the year is expected to be approximately RMB 11 million, an increase of about 312% compared to the same period in 2023; the profit attributable to equity shareholders of the company is expected to be approximately RMB 4.5 million, an increase of about 1644% compared to the same period in 2023. The Board of Directors believes this is primarily due to: (1) the group's clean energy project in the Lingang area since 2023
Express News | Tianjin Tianbao Energy FY Revenue RMB 820 Million
TIANBAO ENERGY: POSITIVE PROFIT ALERT
Tianjin Tianbao Energy Enters Strategic Partnership With Tiankai Technology