TAGEN GROUP: Expected net profit in the first half of 2025 to decrease by 80.56% - 86.63% year-on-year

TAGEN GROUP announced that it expects the net profit attributable to shareholders of the listed company for the period from January 1, 2025, to June 30, 2025, to be between 33 million and 48 million yuan, a decrease of 80.56% - 86.63% compared to the same period last year. The net profit attributable to shareholders of the listed company after deducting non-recurring gains and losses is expected to be between 16.43 million and 31.43 million yuan, a decrease of 85.9% - 92.63% compared to the same period last year. The basic earnings per share are expected to be between 0.0028 yuan/share and 0.0108 yuan/share. The main reason for the performance change is the decline in construction business revenue compared to the same period last year, and a significant reduction in the transfer of high-margin real estate projects year-on-year