Summary by Moomoo AI
TL Natural Gas Holdings Limited ("the Company") has announced its interim business performance for the six months ended June 30, 2024. During the period, the Company's revenue reached RMB 44,424 thousand, with a gross profit of RMB 3,861 thousand. However, the Company's losses increased to RMB 4,497 thousand, with a loss per share of RMB 0.0243. The Company's main business is the sales of compressed natural gas (CNG) and liquefied natural gas (LNG), as well as providing digital marketing services. During the period, the Company continued to explore new business opportunities, including signing a memorandum of understanding on investment with Jinghao Li Natural Gas Co., Ltd. to expand the pipeline and infrastructure related to the transportation of natural gas. 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 any dividend for the six months ended June 30, 2024.
