Summary by Moomoo AI
TL Natural Gas Holdings Limited recorded revenue of 96.28 million yuan for the fiscal year 2024, an increase of approximately 18.3 million yuan or 23.5% compared to 2023. The growth in revenue was primarily due to increased demand from local Communities, which drove LNG sales contributing 51.34 million yuan, a significant increase of 112.9% from last year. However, CNG sales decreased to 45.14 million yuan due to the trend of electrification in Autos.The group's net loss for the year was 9.89 million yuan, significantly narrowing from 23.26 million yuan in 2023 by 57.5%. The reduction in loss was mainly due to the impairment loss of approximately 14.34 million yuan on property prepayments in Malaysia recognized in 2023, which did not occur in the current year. The gross margin slightly decreased from 9.6% last...Show More
Comment(0)
Reason For Report