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Earnings Tell The Story For Tian Yuan Group Holdings Limited (HKG:6119) As Its Stock Soars 29%
TIAN YUAN GP (06119.HK) 2024 annual net profit increased by 10.11% to 21.045 million yuan, with a final dividend of 0.05 yuan.
On March 27, Gelonghui reported that TIAN YUAN GP (06119.HK) announced its annual results for the year ending December 31, 2024, with revenue of RMB 0.297 billion, a year-on-year decrease of 1.87%; the profit attributable to shareholders was RMB 21.045 million, a year-on-year increase of 10.11%, and basic earnings per share were RMB 0.0351. A proposed final dividend of RMB 0.05 per share of ordinary shares is to be declared. The revenue decrease was primarily due to a decline in revenue generated from the sale of oil products and service income during the reporting year.
TIAN YUAN GP (06119) released its annual performance report, with shareholders' attributable profit of 21.045 million yuan, an increase of 10.11% year-on-year.
TIAN YUAN GP (06119) announced its annual performance results for the year ending December 31, 2024, with the group generating revenue of RMB...
TIAN YUAN GP: ANNUAL RESULTS ANNOUNCEMENT FOR THE YEAR ENDED 31 DECEMBER 2024
TIAN YUAN GP (06119.HK) intends to sell approximately 6.37% of its equity in Fudi Tianyuan Petrochemical for 19 million Hong Kong dollars.
On March 18, 2023, TIAN YUAN GP (06119.HK) announced that on March 18, 2025, the company (as the seller) entered into an Equity Transfer agreement with He Xin (as the buyer), under which the company has agreed to sell, and He Xin has agreed to purchase the target shares for a price of 19 million Hong Kong dollars. The target shares account for approximately 6.37% of the total issued shares of the affiliated company, Fudi Tianyuan Petrochemical Co., Ltd. After the completion of the sale, the company will no longer hold any equity in the affiliated company. The affiliated company is an investment holding company that owns China National Aviation Fuel Group Southern Storage and Transportation Co., Ltd. (a company registered in China.
Express News | Tian Yuan Group - Target Shares Represent 6.37% of Jv Company