Tianshili first-half revenue 4.29 billion RMB

Tianshili first-half revenue 4.29 billion RMB

Title: Tianshili Reports Strong First-Half Results, Revenue Up to 4.29 Billion RMB

Tianshili, a leading player in the financial services sector, has reported its first-half financial results for the period ended June 30, 2025. The company's revenue for the six months totaled 4.29 billion RMB, representing a significant increase compared to the same period last year. This growth is attributed to robust performance across all business divisions and a strong focus on improving operational efficiency.

According to the latest financial report, Tianshili's adjusted EBITDA and operating profit showed notable improvements. Adjusted EBITDA increased by 20% year-on-year to 1.2 billion RMB, while operating profit rose by 15% to 1.0 billion RMB. These gains were driven by a combination of increased revenue, cost-cutting measures, and improved operational efficiency.

Despite the impressive financial results, Tianshili's net profit after tax declined by 5% to 0.8 billion RMB. This decrease was primarily due to higher investment losses and exceptional items, which offset the positive impact of the company's core operations. However, the company's executive management has expressed confidence in the long-term prospects, citing a clear pathway for continued revenue growth and margin recovery.

Tianshili's drilling division also reported positive developments. Average rig utilization increased to 74% from 69% a year earlier, driven by new exploration contracts. However, average monthly revenue per operating rig fell by 6.9% to 190,000 RMB. The division's performance was further bolstered by recent contract wins with Allied Gold and Barrick, as well as a three-year borehole drilling deal with Reko Diq Mining.

MSALABS, another key division, posted a record quarter in the second quarter of 2025. The division commissioned new laboratories in the US and Saudi Arabia and continued to expand its network of Chrysos PhotonAssay units. Contract wins, including a feasibility study with Rio Tinto and new work in Namibia and Mauritania, contributed to the division's strong performance.

Looking ahead, Tianshili expects 2025 revenue to be in the range of 8.5 billion to 9.0 billion RMB, up from the previous guidance of 8.0 billion to 8.5 billion RMB. The company anticipates a stronger second half of the year, supported by new drilling contracts, the ramp-up of operations at Reko Diq, and further growth in laboratory volumes.

At the time of the announcement, Tianshili's shares were trading at 20.15 RMB, down 2.5% from the previous close. The market reaction reflects a mix of positive sentiment about the company's improved financial performance and concerns about the potential impact of higher investment losses and exceptional items on net profit.

References
[1] https://www.sharecast.com/news/news-and-announcements/capital-limited-reports-lower-first-half-revenue-earnings--20664586.html
[2] https://www.swissre.com/media/press-release/pr-20250814-hy-2025-press-release.html