Core Viewpoint - Tian Ge Interactive (01980) reported a significant increase in revenue for the first half of 2025, but also faced substantial losses due to increased product incubation costs and fair value losses from financial investments [1] Financial Performance - Revenue reached 32.425 million RMB, representing a year-on-year growth of 508% [1] - The loss attributable to the company's owners was 22.432 million RMB, compared to a profit of 44.079 million RMB in the same period last year [1] - Basic loss per share was 0.019 RMB [1] Revenue Breakdown - Revenue from online interactive entertainment services surged from approximately 3.3 million RMB in 2024 to about 28.8 million RMB, marking an increase of 774.4% [1] - This growth was primarily driven by strategic investments and the ongoing optimization and integration of the "Sila Chat" platform, as well as healthy growth in the gaming market promotion and operations business launched in December 2024 [1] Loss Factors - The losses were mainly attributed to increased product incubation costs due to the company's strategy of investing and incubating multiple online interactive entertainment platforms across various regions, leading to higher resource allocation [1] - Fair value losses were also a significant factor, influenced by macroeconomic factors including increased tariffs [1]
天鸽互动发布中期业绩，股东应占亏损2243.2万元