Xizang Tianlu: the net loss in the first half of the year was 85.9055 million yuan, and the loss was narrowed.

Xizang, disclosed its semi-annual report on August 17 that the company's operating income in the first half of the year was 1.208 billion yuan, down 14.25% from the same period last year; the net profit loss attributable to shareholders of listed companies was 85.9055 million yuan, compared with 112 million yuan in the same period last year; the basic earnings per share was -0.0631 yuan/share. During the

reporting period, the company's performance was mainly affected by the decline in revenue from the construction sector and the building materials sector. In the construction sector, some of the parent company's projects under construction, which were at the peak of construction last year, entered the end of the construction period this year, resulting in a decrease in construction revenue; As for the building materials segment, the asphalt concrete sales business of Chongqing Zhongjiao was affected by international geopolitical and war factors, resulting in an increase in the purchase price of raw materials and the sales price of products, and a decrease in the sales and paving business volume of asphalt, which dragged down the overall revenue performance.