Zhitong Financial APP News, Titan Energy Technology (02188) released its interim results for the six months ended June 30, 2023. The group achieved a turnover of 139 million yuan (RMB, the same below), an increase of 10.9% over the same period last year. The profit attributable to shareholders was 5.597 million yuan, compared with a loss of 11.037 million yuan in the same period last year.
The announcement said that the turnaround was due to an increase in the group's profit due to the increase in turnover and other income of products such as power DC products and electric vehicle equipment during the reporting period.