TIANLI HOLDINGS (00117) Announces Profit, Expected Net Profit of Approximately 133 Million in 2025, Turning Loss into Gain Year-on-Year.
Tianli Holdings Group (00117) announced that the Group expects to record revenue of approximately RMB 679 million in the year ending December 31, 2025, an increase of approximately 23.90% from the revenue of approximately RMB 548 million in the year ending December 31, 2024. The Group also expects to record a post-tax net profit of approximately RMB 133 million in the year ending December 31, 2025, compared to a post-tax net loss of approximately RMB 153 million in the year ending December 31, 2024.
TIANLI HOLDINGS (00117) announced that the group is expected to record a revenue of approximately RMB 679 million for the year ending December 31, 2025, an increase of about 23.90% from the revenue of approximately RMB 548 million recorded for the year ended December 31, 2024. The group is also expected to record a post-tax net profit of approximately RMB 133 million for the year ending December 31, 2025, compared to a post-tax net loss of approximately RMB 153 million for the year ended December 31, 2024.
Based on the information currently available to the Board of Directors, it is believed that the turnaround from a loss to profit is mainly due to a significant reduction in losses from the business division of multi-layer ceramic capacitors; and the revision of financial liabilities resulting in financial liability adjustment income, as well as the recognition of new financial liabilities due to substantial changes in financial liability terms.
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