TJCD issues a profit warning, expecting a mid-term net profit of no less than 300,000 yuan, a year-on-year decrease of no more than 10.2 million yuan or 96.8%
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TJCD issued a profit warning, expecting a net profit of no less than 300,000 yuan for the six months ending June 30, 2025, a decrease of no more than 10.2 million yuan or 96.8% year-on-year. The main reasons include a slowdown in the development of the construction industry in Tianjin, leading to a revenue decrease of approximately 8.2%; as well as impairment losses recorded during this period, whereas a portion of impairment losses was reversed in the same period last year
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