Director quits on day Tianneng announces $206m fall in gross profits
News image:
Chinese lead-acid battery producer and recycler Tianneng Group has reported a 10% decrease in its gross profit margin for 2014.
Despite revenue increasing by 3% to RMB14,043m ($2,291m) the company announced a decrease in gross profits of RMB1,263 ($206m)
To keep up to date with the latest news, subscribe to BBB, and get the top stories delivered to your inbox FREE every Monday morning.