Tianjin Development Holdings ( (HK:0882) ) has provided an announcement.
Tianjin Development Holdings Limited reported its financial results for the year ended December 31, 2024. The company saw a slight increase in revenue to approximately HK$3.36 billion, compared to HK$3.34 billion in 2023. However, profit attributable to owners decreased to approximately HK$548 million from HK$636 million the previous year. Despite the decline in profit, the company proposed a final dividend of HK8.82 cents per share, leading to a total annual dividend increase of approximately 14.3% from last year. This announcement reflects a mixed financial performance with stable revenue but a decline in profitability, impacting shareholder returns positively through increased dividends.
More about Tianjin Development Holdings
For detailed information about 0882 stock, go to TipRanks’ Stock Analysis page.