---
title: "Tianjin Development publishes 2025 annual report"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/284275375.md"
description: "Tianjin Development released its 2025 annual report, indicating a decline in earnings due to weaker utility performance, which faced losses from reduced government income and steam volumes. However, pharmaceutical revenue grew, aided by better margins and a special dividend from Tasly Group. The hotel sector remained stable with a 91.7% occupancy rate, while the electrical and mechanical unit saw a significant revenue drop, leading management to consider strategic restructuring."
datetime: "2026-04-27T22:14:24.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/284275375.md)
  - [en](https://longbridge.com/en/news/284275375.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/284275375.md)
---

# Tianjin Development publishes 2025 annual report

-   Tianjin Development published its annual report for year ended Dec. 31, 2025, flagging softer earnings versus prior year as utilities weakened. \* Utilities performance fell as lower government supplemental income and weaker steam volumes pushed heat and power operations into loss. \* Pharmaceutical operations expanded revenue, supported by improved product margins and a one-off special dividend from Tasly Group. \* Hotel business stayed steady, with occupancy rising to 91.7%. \* Electrical and mechanical unit reported a sharp revenue drop, prompting management to review strategy and assess restructuring options. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Tianjin Development Holdings Limited published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260428-12126793), on April 27, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT)

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