Tianjin C&D (02515) announced interim results. Profit attributable to shareholders of RMB 10.494 million decreased by 43.64% year-on-year

Zhitongcaijing · 08/30 14:17

According to the Zhitong Finance App, Tianjin Construction and Development (02515) announced interim results for the six months ended June 30, 2024. The group achieved revenue of 94.568 million yuan (RMB, same below) during the period, a year-on-year decrease of 10.64%; profit attributable to shareholders was 10.494 million yuan, a year-on-year decrease of 43.64%; and basic profit per share was 0.06 yuan.

According to the announcement, the decrease in revenue was mainly due to a decrease in the number of new construction projects compared to the six months ended June 30, 2023.