Triangle’s sales fell 6.1% in the first half of 2024

In the first half of 2024, Triangle achieved revenue of approximately 5 billion yuan (roughly £535 million; €635 million), a decrease of around 200 million yuan from the same period in 2023. Net profit attributable to shareholders of listed companies increased by 0.67 per cent year-on-year to 612 million yuan (approximately £65 million; €78 million). However, after deducting non-recurring gains and losses, the company’s net profit fell by 3.23 per cent year-on-year. And it is worth noting that cash flow declined by 49.93 per cent compared with the first half of 2023.