Antelope Enterprise Holdings Ltd. reported unaudited financial results for the first half of 2025. Total revenues for the six months ended June 30, 2025, were USD 41.0 million, representing a decrease of 5.7 percent. The company reported a net loss of USD 3.6 million for the period, with loss per share at USD 1.03. Cash was USD 1.8 million as of June 30, 2025. Total assets stood at USD 36.0 million at the end of the period, while total liabilities decreased significantly to USD 8.9 million. Total stockholders’ equity rose to USD 27.1 million. Tingting Zhang, Chief Executive Officer of Antelope Enterprise, noted that the revenue decline was primarily attributable to business conditions in the livestreaming ecommerce sector in China, where the company operates through its Kylin Cloud platform. The company also reported a decrease in note payable and unearned revenue during the period.

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