Summary by Moomoo AI
TIANLI INTERNATIONAL HOLDINGS LIMITED ANNOUNCED ITS INTERIM RESULTS FOR THE SIX MONTHS ENDED FEBRUARY 29, 2024, SHOWING SIGNIFICANT GROWTH IN BOTH REVENUE AND PROFIT. Revenue increased 73.8% to approximately RMB1,645.4 million from approximately RMB946.6 million in the same period last year, and profit in the period increased by 65.6% from RMB172,649 thousand to RMB285,863 thousand. Profit during the adjusted period also increased from RMB187,904 thousand to RMB319,474 thousand. Basic earnings per share increased from 8.20 points to 13.90 points and the interim dividend increased from 2.43 points to 4.17 cents. During the reporting period, the company provided comprehensive education services to 36,708 high school students and performed well in several academic competitions. In addition, the company is actively recruiting qualified teachers to support business expansion. The Company remains confident in its future development and will further optimize its operating structure and increase enrollment.