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Tianhua New Energy: Net profit of 969 million yuan in the first quarter of 2026, up 1,471.98% year-on-year
Tianhua New Energy announces that in the first quarter of 2026, operating revenue was 3.2 billion yuan, a year-on-year increase of 89.62%. Net profit attributable to shareholders of the listed company was 969 million yuan, a year-on-year increase of 1,471.98%. Net profit attributable to shareholders of the listed company after deducting non-recurring gains and losses was 946 million yuan, a year-on-year increase of 3,554.97%. The main reason for the revenue growth is the simultaneous increase in volume and price of lithium battery products during this period, leading to an increase in sales scale.