Tian Ge Interactive Holdings Ltd. Reports 508% Revenue Surge to RMB32.4M; Posts Net Loss of RMB24.6M, EPS at RMB-0.019

Reuters
Aug 29
<a href="https://laohu8.com/S/TGRVF">Tian Ge Interactive Holdings Ltd.</a> Reports 508% Revenue Surge to RMB32.4M; Posts Net Loss of RMB24.6M, EPS at RMB-0.019

Tian Ge Interactive Holdings Ltd. has announced its unaudited condensed consolidated results for the first half of 2025. The company reported a significant increase in revenue, totaling approximately RMB32.4 million, a 508.0% rise from RMB5.3 million in the same period of 2024. This growth was primarily driven by the online interactive entertainment services segment, which experienced a 774.4% increase, reaching RMB28.8 million compared to RMB3.3 million in the previous year. Despite the surge in revenue, Tian Ge reported a net loss of RMB24.6 million, in contrast to a net profit of RMB44.0 million in the first half of 2024. The adjusted net loss stood at RMB24.3 million, with an adjusted net loss margin of 75.0%, compared to an adjusted net profit margin of 827.4% in the prior period. The gross profit for the reporting period was RMB10.9 million, down from RMB4.1 million in 2024, resulting in a gross profit margin decline from 77.7% to 33.7%. The company attributed the increase in cost of revenue, which rose by 1,710.4% to RMB21.5 million, to the optimization and integration of the "Sila Chat" platform. Tian Ge's strategic shift since 2023 towards focusing on overseas markets for its online interactive entertainment business has been marked by significant progress during the reporting period.

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