Shares of TIANLI HOLDINGS (00117) experienced a sharp decline of over 8% during the afternoon trading session, with the stock last seen down 7.18% at HK$2.715, reflecting a turnover of HK$4.806 million.
The company recently released its interim results for the six months ending June 30, 2026, posting revenue of RMB 365 million, a 20.4% increase from the prior corresponding period. The loss attributable to owners of the company narrowed to RMB 5.744 million, down 83% year-on-year, with a basic loss per share of RMB 0.77 cents.
The reduction in losses was primarily driven by a turnaround in the financial performance of the multilayer ceramic capacitor business segment, which recorded a segment profit of approximately RMB 4.6 million for the first half of 2026, compared to a segment loss of approximately RMB 16.9 million for the same period in 2025.
Additionally, the asset management business segment also demonstrated improved financial results, contributing a segment profit of roughly RMB 15 million for the six months ended June 30, 2026, up from approximately RMB 11.6 million recorded during the corresponding period of the prior year.
The aforementioned segment profits were partially offset by corporate expenses, primarily comprising loan interest charges stemming from the 2025 restructuring. These interest expenses are essentially non-cash in nature and do not have a material impact on the group's daily operations or cash flow position.