TIANJINPORT DEV released its interim results, with a profit attributable to shareholders of HKD 346 million, a year-on-year decrease of 17.3%
TIANJINPORT DEV released its interim results for the period ending June 30, 2025, with revenue of HKD 6.947 billion, a year-on-year increase of 2.98%. The profit attributable to shareholders was HKD 346 million, a year-on-year decrease of 17.3%, with basic earnings per share of HKD 0.056. The announcement pointed out that the decrease in profit attributable to shareholders was mainly due to one-time losses from the sale of non-core assets, a decrease in gross profit, and a decline in net profits from associated and joint venture companies
According to the Zhitong Finance APP, Tianjin Port Development (03382) announced its performance for the six months ending June 30, 2025. The group achieved revenue of HKD 6.947 billion during the period, an increase of 2.98% year-on-year; the profit attributable to equity holders of the company was HKD 346 million, a decrease of 17.3% year-on-year; basic earnings per share were HKD 0.056.
The announcement stated that the decrease in profit attributable to shareholders was mainly due to the comprehensive impact of a one-time loss from the sale of non-core assets during the reporting period, a decrease in gross profit, and a decline in the net profit of associates and joint ventures accounted for using the equity method
