Tianli Holdings Group Limited (HK:0117) has released an update.
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Tianli Holdings Group Limited reported a modest revenue increase to RMB219.4 million, up 3.2% for the first half of 2024, while also reducing losses from RMB69.7 million to RMB59.2 million year-on-year. The company’s gross profit margin improved significantly, particularly in the MLCC segment, which turned around from a gross loss margin to a 6.47% profit margin. Despite these improvements, the Board has decided not to issue an interim dividend for the period.
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