Summary by Futu AI
TL Natural Gas Holdings Limited ("the Company") announces its interim results for the six months ended 30 June 2024. During the period, the Company's revenue amounted to CNY 44,424 thousand, with a gross profit of CNY 3,861 thousand. However, the Company's losses increased to CNY 4,497 thousand for the period, with a loss per share of CNY 2.43 cents. The Company's main business is the sale of compressed natural gas (CNG) and liquefied natural gas (LNG), as well as the provision of digital marketing services. During the period, the Company continued to explore new business opportunities, including signing a memorandum of understanding on investment with Jingmen Jinhao Natural Gas Co., Ltd. to expand natural gas transportation-related pipelines and infrastructure. Looking ahead, the Company is optimistic about the growth of natural gas consumption and will strive to seize the growth potential brought by policies and industry trends. The Board of Directors does not recommend the payment of any interim dividends for the six months ended 30 June 2024.