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Tiantong Co., Ltd.: Net loss of 41.8447 million yuan in the first quarter of 2026
Tiantong Co., Ltd. Announcement, operating revenue in the first quarter of 2026 was 805 million yuan, a year-on-year increase of 12.70%. Net profit attributable to shareholders of the listed company was -41.8447 million yuan, a decrease of 187.25% year-on-year. Basic earnings per share were -0.034 yuan/share, a decrease of 187.18% year-on-year. During the reporting period, the specialized equipment manufacturing and installation sector was affected by weak demand for photovoltaic market equipment, coupled with delayed payments from photovoltaic customers, leading to provisions for asset impairment losses, while other income decreased.