TIAN AN issues a profit warning, expecting the net profit attributable to shareholders in the first half of the year to increase to approximately HKD 2.2 billion - HKD 2.4 billion
According to the Zhitong Finance APP, TIAN AN announced that the group expects to achieve a profit attributable to shareholders of approximately HKD 2.2 billion to HKD 2.4 billion in the first half of 2025, a significant increase compared to the profit attributable to shareholders of approximately HKD 78 million in the same period of 2024. The expected growth in profit is mainly due to the increase in gross profit, primarily resulting from the revenue recognized after the delivery of units in the residential project TIAN AN No. 1 Phase II (Area C) in Shanghai, China, to customers in early 2025
According to the Zhitong Finance APP, TIAN AN (00028) announced that it expects the group to achieve a profit attributable to shareholders of approximately HKD 2.2 billion to HKD 2.4 billion in the first half of 2025, a significant increase compared to the profit attributable to shareholders of approximately HKD 78 million in the same period of 2024. The expected growth in attributable profit is mainly due to the increase in gross profit, primarily from the revenue recognized after the delivery of units in the residential project TIAN AN No. 1 Phase II (Area C) in Shanghai, China, to customers in early 2025
