On August 29, Tianli Holdings (00117.HK) announced its interim performance. For the six months ended June 30, 2024, the total revenue was approximately RMB 0.219 billion, a year-on-year increase of 3.2%. The loss attributable to owners of the company was RMB 59.2 million, compared to a loss of RMB 69.7 million in the same period of 2023. The basic loss per share was RMB 7.94.

The gross margin for the six months ended June 30, 2024 was 12.4%, an increase of 4.2 percentage points compared to the same period in 2023. For the six months ended June 30, 2024, the gross margin of the MLCC division was 6.47%, compared to a gross loss rate of 0.5% in the same period of 2023.