Summary by Futu AI
Antengene Corporation Limited announced its interim financial report on June 30, 2024, showing revenue of RMB 60,779 thousand during the period, a 15.6% decrease from RMB 72,016 thousand in the same period last year. Other income and gains decreased significantly from RMB 121,073 thousand to RMB 27,317 thousand. Research and development costs decreased from RMB 226,093 thousand to RMB 130,841 thousand, while sales and distribution expenses also decreased from RMB 88,246 thousand to RMB 56,028 thousand. The loss for the period was RMB 167,033 thousand, an improvement from RMB 218,694 thousand in the same period last year. The company did not distribute any dividends during the reporting period. As of June 30, 2024, the company's cash and bank balances amounted to RMB 1,023,682 thousand. The board of directors has reviewed the interim financial report, and an independent review has been conducted with the external auditor Ernst & Young Certified Public Accountants.