Triumph New Energy Books RMB159.6 Million Credit Impairment for 2025
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Triumph New Energy Company (HK:1108) has announced a credit impairment of RMB159.6 million for the financial year ending December 31, 2025. This decision follows a thorough review of receivables, inventories, and fixed assets, reflecting a cautious approach to its financial position. The impairment will impact 2025 earnings and indicates a reassessment of asset quality and credit risk management. The current analyst rating for the stock is a Hold with a price target of HK$4.00, and the company has a market cap of HK$5.75 billion.
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