Tianjin Tianbao Energy Unit Renews Natural Gas Procurement Contract for Another Year
Tianjin Tianbao Energy (HKG:1671) unit Lingang Thermal Power has renewed an agreement to continue procuring and receiving natural gas from PetroChina Natural Gas Sales Company Tianjin Branch, a Monday
Tianbao Energy (01671.HK)'s profit before tax fell 85.4% to 3.372 million yuan in 2023
On March 27, Gelonghui | Tianbao Energy (01671.HK) announced that for the whole of 2023, the company and its subsidiaries obtained comprehensive revenue of RMB 785.03 million, an increase of 10.0% compared with RMB 713.594 million in the same period last year. Profit before tax fell 85.4% from RMB 23.083 million in 2022 to RMB 3.372 million in 2023. Basic and diluted earnings per share were RMB 0.16 cents.
TIANBAO ENERGY: ANNUAL RESULTS ANNOUNCEMENT FOR THE YEAR ENDED DECEMBER 31, 2023
Huatai Securities: It is expected that 1Q24 thermal power profits will continue to recover and nuclear power performance is steady
Huatai Securities released a 1Q24 outlook for the public environmental protection industry, stating that in the face of continuous growth in thermal power generation and a year-on-month decline in coal prices, 1Q24 thermal power profits are expected to continue to recover; nuclear power generation has increased year-on-year, and performance is expected to grow.
Tianbao Energy (01671.HK) plans to hold a board meeting on March 27 to approve the annual results
Gelonghui March 15 | Tianbao Energy (01671.HK) announced that the company will hold a board meeting on March 27, 2024 (Wednesday). The agenda includes (i) reviewing and approving the annual results and related announcements of the company and its subsidiaries for the year ended 31 December 2023, and (ii) reviewing the final dividend payment (if any).
TIANBAO ENERGY: DATE OF BOARD MEETING
Tianbao Energy expects annual revenue of about 785 million yuan, a year-on-year increase of about 10%
Tianbao Energy (01671) announced that in the year ended December 31, 2023, the Group is expected to obtain operating income of approximately RMB 785 million (same unit), an increase of about 10.0% compared with the same period in 2022; profit during the year was about 267 million yuan, but a sharp decrease of about 84.6% compared with the same period in 2022; profit attributable to the company's equity shareholders was about 258,000 yuan, but a sharp decrease of about 96.7% compared with the same period in 2022.
Tianjin Tianbao Energy's Profit Forecasts 97% Decline in 2023
Tianjin Tianbao Energy (HKG:1671) expects an attributable profit of approximately 258,000 yuan for the year ended Dec. 31, 2023, down 96.7% from the year-ago period. The electricity generation service
Tianbao Energy (01671) expects annual revenue of about 785 million yuan, a year-on-year increase of about 10%
Tianbao Energy (01671) announced that it is expected that the Group will be in operation for the year ended December 31, 2023...
TIANBAO ENERGY: PROFIT WARNING
Huatai Securities: The implementation of the auxiliary electricity service policy is favorable to the transformation of the profit model of thermal power in the long term
According to a research report issued by Huatai Securities, the National Development and Reform Commission and the Energy Administration jointly issued the “Notice on Establishing and Improving the Market Price Mechanism for Electric Power Auxiliary Services” on February 9, 2024.
Ministry of Finance: The total profit of state-owned enterprises in 2023 was 4633.28 billion yuan, up 7.4% year-on-year
From January to December, the main efficiency indicators of state-owned and state-owned enterprises across the country continued to grow steadily, and the upward trend was further consolidated.
Haitong International: Power grid investment is expected to exceed 500 billion yuan in 2024 and continue to maintain a high level of prosperity
The construction of UHV and smart grids is progressing at an accelerated pace.
Huatai Securities: Market-based electricity prices in Shandong may affect the profitability of thermal power and new energy sources. Suggestions focus on more stable and controllable types of electricity
The Zhitong Finance App learned that the research report issued by Huatai Securities said that the market market process and daily high-frequency data for the electricity market in Shandong Province in 2023, which ranks the highest in the country in terms of electricity market-based installed capacity, was used as a starting point to quantitatively disassemble the market's concerns about the impact of market-based electricity prices on the profitability of thermal power and new energy sources.
CITIC Securities: Building the Three Main Lines of Digitally Intelligent Power Grid Power Equipment Layout
The Zhitong Finance App learned that CITIC Securities released a research report saying that the State Grid proposed the construction of a strong digital intelligent power grid during the annual work conference, which mainly includes various aspects such as UHV and flexible construction, power distribution capacity expansion, and intelligent and digital construction.
Even With A 36% Surge, Cautious Investors Are Not Rewarding Tianjin Tianbao Energy Co., Ltd.'s (HKG:1671) Performance Completely
Tianjin Tianbao Energy Co., Ltd. (HKG:1671) shares have had a really impressive month, gaining 36% after a shaky period beforehand. Taking a wider view, although not as strong as the last month, th
Tianjin Tianbao Energy to Acquire 95% Stake in Solar Photovoltaic Power Generation Firm
Tianjin Tianbao Energy (HKG:1671) will buy a 95% equity stake in Yangzhou Qingchang Solar Energy Technology from Tianjin Yuanhai Jinfeng New Energy for around 15.4 million yuan. Yangzhou Qingchang Sol
Tianbao Energy (01671.HK) plans to acquire 95% of the shares in a photovoltaic power generation company for 15.37 million yuan
Gelonghui, December 28, 丨 Tianbao Energy (01671.HK) announced that on December 28, 2023, the company signed an “Equity Transfer Contract” with the seller. Based on this, the company agreed to the acquisition, and the seller agreed to sell 95% of the target company Yangzhou Qingchang Solar Technology's shares, with a total consideration of about RMB 15.37 million. According to reports, the target company is a limited company established in China on July 16, 2019, and was wholly owned by the seller on the announcement date and immediately before the purchase was completed. The target company is mainly engaged in the development, design and construction of solar photovoltaic power generation projects. According to the announcement, the acquisition target company 9
CITIC Securities: Annual electricity transactions have been introduced one after another, and uncertainty about electricity price expectations has declined
As differences in market expectations on electricity prices gradually decline, the high-certainty investment value of electricity may be more fully reflected in a weak macro environment.
Everbright Securities: Guangdong Province's 2024 electricity deal implementation and signing results are in line with previous weak market expectations
According to Everbright Securities, the final comprehensive electricity price (taking into account capacity subsidies) in Shanghai, Anhui, and Zhejiang, which are also in the eastern coastal regions, is expected to remain basically at the level of 23 years.
No Data