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0 0 0 0.0223266745005874 0.0223266745005874 0.0105757931844887 -0.0716803760282023 -0.0716803760282023
Stock impact report

Antelope Enterprise Announces First Half 2024 Financial Results [Yahoo! Finance]

Antelope Enterprise Holdings Limited - Class A Ordinary Shares (AEHL) 
Company Research Source: Yahoo! Finance
First Half 2024 Summary Revenue generated from the livestreaming ecommerce business was $43.4 million, a 2.6% decrease as compared to $44.6 million for the same period of 2023. Gross profit generated from the livestreaming ecommerce business was $3.5 million, a 48.7% decrease as compared to $6.8 million for the same period of 2023. Loss from operations from the livestreaming ecommerce business was $6.5 million, as compared to loss from operations of $5.5 million for the same period of 2023. Will Zhang, Chairman and CEO of Antelope Enterprise, commented, “The revenue for the livestreaming ecommerce business segment came in at $43.4 million for the first six months of 2024, modestly lower than the $44.6 million in revenue recorded for the six months of 2023. This slight decline was due to loss of a few major clients and a change in business strategy to secure a larger number of mid-tier clients to help to mitigate the risk of retaining major clients. Our majority-owned Kylin Cl Show less Read more
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