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Tianjin Development’s Mixed Mid-Year Financials

Tianjin Development Holdings (DE:TJN) has released an update.

Tianjin Development Holdings reported a slight decrease in revenue to HK$1,820,260,000 and a more notable drop in profit to HK$288,077,000 for the first half of 2024, compared to the same period in the previous year. Earnings per share also fell to HK26.85 cents, yet the company increased its interim dividend to HK5.18 cents per share, up from HK3.45 cents in the prior year.

For further insights into DE:TJN stock, check out TipRanks’ Stock Analysis page.

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