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Tianjin Construction Development Group Expects Lower Profit in H1
Tianjin Jianfa (02515.HK) issued a profit warning: the expected net profit for the first half of the year will decrease by no more than 46.2% year-on-year.
Tianjin Jianfa (02515.HK) announced on August 5th that based on the preliminary review of the unaudited comprehensive management accounts of the Group as of June 30, 2024 and the information currently available to the board of directors, the Group is expected to have a net profit of no less than RMB 10 million during this period, a decrease of no more than RMB 8.6 million or 46.2% from the net profit of approximately RMB 18.6 million for the six months ended June 30, 2023. The board of directors believes that the expected decrease in net profit during this period is mainly due to (i) a decrease in the number of new construction projects compared to the same period last year, resulting in a decrease in revenue; and
Express News | Tianjin Construction Development Sees Decrease in Hy Revenue
Express News | Tianjin Construction Development Sees Net Profit to Be Not Less Than RMB10.0 Mln for Six Months
TJCD: PROFIT WARNING
Tianjin Jianfa (02515) has appointed Wang Lei and Ren Feiyu as supervisors.
Tianjin Jianfa (02515) announced that the appointment of Mr. Wang Lei and Mr. Ren Feiyu as supervisors has been formally approved by the shareholders...
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