The Trigiant Group (01300) announced its performance for the six months ended June 30, 2024. The group's operating revenue for the period was 1.159 billion yuan (RMB, the same below), a decrease of 7.32% compared with the same period last year; the total profit and revenue for the period was 40.876 million yuan, an increase of 18.52% compared with the same period last year; the basic earnings per share was 2.28 cents.

According to the announcement, the feeder series accounted for approximately 46.8% of the total operating revenue. The operating revenue of the feeder series for the period decreased by approximately 15.2% to approximately 0.543 billion yuan compared to the same period last year. The sales volume of the group's feeder series products decreased by approximately 8,100 kilometers to approximately 44,900 kilometers compared to the same period last year. Due to the impact of global telecommunications operators' controlled capital expenditures, the gross margin decreased by approximately 0.7 percentage points to approximately 12.5% compared to the same period last year.